Quantbot Technologies LP Has $1.66 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quantbot Technologies LP boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 936.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 10,218 shares of the business services provider’s stock after buying an additional 9,232 shares during the period. Quantbot Technologies LP’s holdings in Booz Allen Hamilton were worth $1,663,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of BAH. AGF Management Ltd. increased its stake in shares of Booz Allen Hamilton by 63.4% during the second quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock worth $269,419,000 after purchasing an additional 679,280 shares during the period. American Century Companies Inc. lifted its holdings in shares of Booz Allen Hamilton by 6.1% during the second quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider’s stock worth $257,469,000 after buying an additional 96,553 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Booz Allen Hamilton by 10.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider’s stock valued at $157,184,000 after acquiring an additional 93,544 shares during the period. Eagle Asset Management Inc. grew its stake in shares of Booz Allen Hamilton by 3.6% in the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock valued at $155,810,000 after acquiring an additional 32,897 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Booz Allen Hamilton by 0.3% during the second quarter. Envestnet Asset Management Inc. now owns 947,231 shares of the business services provider’s stock worth $145,779,000 after acquiring an additional 2,767 shares during the period. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on BAH shares. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research note on Tuesday. The Goldman Sachs Group upped their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Finally, Barclays upped their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus price target of $173.25.

Insider Activity at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 14.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 in the last quarter. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $148.18 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market capitalization of $18.93 billion, a PE ratio of 23.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a twelve month low of $123.17 and a twelve month high of $190.59. The stock’s 50-day simple moving average is $164.05 and its 200 day simple moving average is $156.67.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is 32.03%.

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.