Redhawk Wealth Advisors Inc. Has $2.01 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Redhawk Wealth Advisors Inc. grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 10.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,635 shares of the business services provider’s stock after acquiring an additional 1,532 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Booz Allen Hamilton were worth $2,012,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BAH. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton in the 3rd quarter worth approximately $31,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton in the third quarter worth $45,000. Kennebec Savings Bank bought a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth $60,000. Matrix Trust Co grew its stake in Booz Allen Hamilton by 734.8% in the 4th quarter. Matrix Trust Co now owns 743 shares of the business services provider’s stock valued at $96,000 after buying an additional 654 shares during the last quarter. Finally, Covestor Ltd raised its holdings in Booz Allen Hamilton by 87.2% in the 3rd quarter. Covestor Ltd now owns 629 shares of the business services provider’s stock worth $103,000 after acquiring an additional 293 shares during the period. Institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BAH shares. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. TD Cowen lowered their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Truist Financial cut their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their target price for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $161.78.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $136.34 on Thursday. The company has a market capitalization of $17.42 billion, a price-to-earnings ratio of 21.40, a PEG ratio of 1.62 and a beta of 0.55. The company has a 50-day moving average of $141.93 and a 200-day moving average of $152.29. Booz Allen Hamilton Holding Co. has a 52 week low of $125.88 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were paid a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.50%. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

Insider Transactions at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the sale, the chief financial officer now 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 disclosure for this sale can be found here. 1.59% of the stock is currently owned by insiders.

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.