Capital Investment Advisors LLC Purchases 973 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Capital Investment Advisors LLC raised its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 8.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,946 shares of the business services provider’s stock after purchasing an additional 973 shares during the quarter. Capital Investment Advisors LLC’s holdings in Booz Allen Hamilton were worth $1,666,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Private Advisor Group LLC raised its holdings in Booz Allen Hamilton by 30.6% in the 2nd quarter. Private Advisor Group LLC now owns 7,598 shares of the business services provider’s stock worth $1,169,000 after acquiring an additional 1,782 shares during the last quarter. Dai ichi Life Insurance Company Ltd increased its holdings in shares of Booz Allen Hamilton by 10.3% in the 2nd quarter. Dai ichi Life Insurance Company Ltd now owns 19,917 shares of the business services provider’s stock worth $3,065,000 after purchasing an additional 1,863 shares in the last quarter. Thoroughbred Financial Services LLC purchased a new position in shares of Booz Allen Hamilton in the second quarter worth $604,000. Oppenheimer Asset Management Inc. lifted its holdings in shares of Booz Allen Hamilton by 11.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 23,138 shares of the business services provider’s stock valued at $3,561,000 after purchasing an additional 2,396 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Booz Allen Hamilton by 0.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 947,231 shares of the business services provider’s stock worth $145,779,000 after buying an additional 2,767 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the 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 $670,725.00. Following the completion of the sale, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at $4,886,970. This trade represents a 12.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $135.23 on Tuesday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a 50-day simple moving average of $144.74 and a two-hundred day simple moving average of $152.68. The firm has a market capitalization of $17.28 billion, a PE ratio of 21.23, a P/E/G ratio of 1.62 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 52-week low of $125.88 and a 52-week high of $190.59.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton’s payout ratio is 32.03%.

Wall Street Analyst Weigh In

BAH has been the topic of several research analyst reports. Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Truist Financial decreased their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Finally, Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $161.78.

About Booz Allen Hamilton

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.