RPg Family Wealth Advisory LLC Purchases 2,456 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

RPg Family Wealth Advisory LLC raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAHGet Rating) by 3.8% during the first quarter, Holdings Channel reports. The fund owned 66,937 shares of the business services provider’s stock after acquiring an additional 2,456 shares during the period. Booz Allen Hamilton comprises approximately 2.5% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 12th biggest position. RPg Family Wealth Advisory LLC’s holdings in Booz Allen Hamilton were worth $5,880,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Capital Advisors Ltd. LLC raised its stake in shares of Booz Allen Hamilton by 89.0% in the first quarter. Capital Advisors Ltd. LLC now owns 858 shares of the business services provider’s stock worth $75,000 after buying an additional 404 shares during the period. Covestor Ltd bought a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $78,000. Carolinas Wealth Consulting LLC raised its stake in shares of Booz Allen Hamilton by 25.0% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 1,000 shares of the business services provider’s stock worth $85,000 after buying an additional 200 shares during the period. CWM LLC bought a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $86,000. Finally, Benjamin F. Edwards & Company Inc. grew its position in shares of Booz Allen Hamilton by 17.6% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,216 shares of the business services provider’s stock worth $103,000 after purchasing an additional 182 shares in the last quarter. Institutional investors own 90.44% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $95.03 on Friday. The stock has a market cap of $12.58 billion, a price-to-earnings ratio of 25.01, a price-to-earnings-growth ratio of 2.76 and a beta of 0.63. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.59 and a current ratio of 1.60. The stock has a 50 day moving average price of $89.61 and a 200-day moving average price of $85.20. Booz Allen Hamilton Holding Co. has a one year low of $69.68 and a one year high of $97.93.

Booz Allen Hamilton (NYSE:BAHGet Rating) last announced its earnings results on Friday, July 29th. The business services provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.07. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.19 billion. Booz Allen Hamilton had a return on equity of 53.71% and a net margin of 5.95%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.07 EPS. Equities analysts expect that Booz Allen Hamilton Holding Co. will post 4.36 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Monday, August 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Friday, August 12th. Booz Allen Hamilton’s dividend payout ratio is currently 45.26%.

Analysts Set New Price Targets

Several research firms recently issued reports on BAH. Cowen cut their target price on Booz Allen Hamilton from $109.00 to $103.00 in a research report on Tuesday, June 14th. Truist Financial increased their target price on Booz Allen Hamilton from $80.00 to $100.00 and gave the stock a “hold” rating in a research report on Monday, August 1st. Wells Fargo & Company increased their target price on Booz Allen Hamilton from $98.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, August 1st. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. Finally, The Goldman Sachs Group upgraded Booz Allen Hamilton from a “neutral” rating to a “buy” rating and raised their price target for the company from $83.00 to $102.00 in a report on Wednesday, April 13th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Moderate Buy” and a consensus target price of $99.00.

Insider Activity at Booz Allen Hamilton

In other news, EVP Karen M. Dahut sold 97,761 shares of Booz Allen Hamilton stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $84.48, for a total transaction of $8,258,849.28. Following the completion of the sale, the executive vice president now directly owns 194,836 shares in the company, valued at $16,459,745.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, EVP Karen M. Dahut sold 97,761 shares of the company’s stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $84.48, for a total value of $8,258,849.28. Following the transaction, the executive vice president now directly owns 194,836 shares in the company, valued at $16,459,745.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Kristine Anderson sold 5,000 shares of the company’s stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $95.01, for a total transaction of $475,050.00. Following the completion of the transaction, the chief operating officer now owns 63,948 shares in the company, valued at $6,075,699.48. The disclosure for this sale can be found here. Insiders sold a total of 272,586 shares of company stock worth $24,106,503 in the last quarter. 2.23% of the stock is owned by company insiders.

About Booz Allen Hamilton

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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. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

Further Reading

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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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