Booz Allen Hamilton Holding Co. (NYSE:BAH) CFO Sells $670,725.00 in Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) CFO Matthew Calderone sold 4,065 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Matthew Calderone also recently made the following trade(s):

• On Monday, September 23rd, Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $183.49 on Thursday. The stock has a 50 day moving average of $160.24 and a 200 day moving average of $154.13. The company has a market capitalization of $23.71 billion, a price-to-earnings ratio of 39.89, a PEG ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a 12 month low of $118.07 and a 12 month high of $189.13. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s payout ratio is 44.35%.

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC raised its position in Booz Allen Hamilton by 25.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,895 shares of the business services provider’s stock worth $4,438,000 after acquiring an additional 6,065 shares during the period. Diversified Trust Co purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $425,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Booz Allen Hamilton by 1.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider’s stock worth $16,357,000 after purchasing an additional 1,507 shares during the period. Hedeker Wealth LLC lifted its stake in Booz Allen Hamilton by 0.7% in the first quarter. Hedeker Wealth LLC now owns 33,975 shares of the business services provider’s stock valued at $5,043,000 after purchasing an additional 220 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Booz Allen Hamilton by 6.8% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock valued at $43,856,000 after purchasing an additional 18,815 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BAH has been the topic of several research reports. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $165.00 to $185.00 and gave the company a “hold” rating in a report on Monday. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. StockNews.com upgraded Booz Allen Hamilton from a “sell” rating to a “hold” rating in a research note on Wednesday. The Goldman Sachs Group increased their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Finally, Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $180.00.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.