Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,717 shares of the business services provider’s stock after acquiring an additional 1,246 shares during the quarter. Booz Allen Hamilton accounts for approximately 1.3% of Hilton Capital Management LLC’s holdings, making the stock its 16th largest position. Hilton Capital Management LLC’s holdings in Booz Allen Hamilton were worth $16,393,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Covestor Ltd raised its stake in Booz Allen Hamilton by 150.8% during the first quarter. Covestor Ltd now owns 306 shares of the business services provider’s stock worth $46,000 after acquiring an additional 184 shares during the period. Seven Eight Capital LP acquired a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $306,000. UniSuper Management Pty Ltd raised its position in shares of Booz Allen Hamilton by 111.1% during the 1st quarter. UniSuper Management Pty Ltd now owns 1,900 shares of the business services provider’s stock worth $282,000 after purchasing an additional 1,000 shares during the period. Natixis bought a new stake in shares of Booz Allen Hamilton in the 1st quarter worth approximately $893,000. Finally, Crewe Advisors LLC acquired a new position in Booz Allen Hamilton during the 1st quarter valued at approximately $35,000. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BAH shares. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, July 29th. JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their target price for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Barclays increased their price objective on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $180.63.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $137.87 on Wednesday. The firm has a market capitalization of $17.62 billion, a PE ratio of 21.64, a P/E/G ratio of 1.79 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. Booz Allen Hamilton Holding Co. has a 12 month low of $123.17 and a 12 month high of $190.59. The company’s 50 day simple moving average is $165.14 and its 200 day simple moving average is $156.99.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is presently 32.03%.

Insider Activity

In other Booz Allen Hamilton 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 value of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares in the company, valued at approximately $4,206,840. The trade was a 14.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 over the last 90 days. 1.59% of the stock is currently owned by company insiders.

Booz Allen Hamilton 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.