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

Alta Capital Management LLC lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 28.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 17,062 shares of the business services provider's stock after selling 6,766 shares during the period. Alta Capital Management LLC's holdings in Booz Allen Hamilton were worth $2,182,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BAH. First Financial Corp IN boosted its holdings in Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider's stock valued at $60,000 after acquiring an additional 83 shares during the period. Twelve Points Wealth Management LLC raised its position in Booz Allen Hamilton by 2.8% in the fourth quarter. Twelve Points Wealth Management LLC now owns 6,213 shares of the business services provider's stock worth $795,000 after purchasing an additional 169 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in Booz Allen Hamilton by 17.6% in the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 9,354 shares of the business services provider's stock worth $1,196,000 after purchasing an additional 1,401 shares in the last quarter. Tilia Fiduciary Partners Inc. raised its position in Booz Allen Hamilton by 1.9% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 18,241 shares of the business services provider's stock worth $2,333,000 after purchasing an additional 344 shares in the last quarter. Finally, Caldwell Investment Management Ltd. acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth approximately $1,795,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on BAH shares. Truist Financial raised their price target on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a report on Monday, January 29th. Wells Fargo & Company raised their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 30th. The Goldman Sachs Group lifted their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a "buy" rating in a research report on Monday, January 29th. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 6th. Finally, Barclays downgraded Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus target price of $139.56.

Insider Activity

In related news, CEO Horacio Rozanski sold 49,000 shares of the firm's stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at approximately $81,209,208.59. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Horacio Rozanski sold 49,000 shares of the firm's stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at approximately $81,209,208.59. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the sale, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,568 shares of company stock worth $8,067,487. 1.76% of the stock is currently owned by insiders.

Booz Allen Hamilton Price Performance

BAH traded up $0.66 during trading on Monday, reaching $149.10. 568,981 shares of the company were exchanged, compared to its average volume of 637,517. The company's 50-day moving average is $144.71 and its two-hundred day moving average is $130.75. The company has a market cap of $19.35 billion, a price-to-earnings ratio of 48.05, a P/E/G ratio of 2.18 and a beta of 0.53. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. Booz Allen Hamilton Holding Co. has a 12-month low of $89.80 and a 12-month high of $150.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The business had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.54 billion. During the same quarter in the prior year, the firm posted $1.07 EPS. The firm's quarterly revenue was up 12.9% on a year-over-year basis. Research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.41 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a dividend of $0.51 per share. The ex-dividend date was Friday, February 9th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a dividend yield of 1.37%. Booz Allen Hamilton's dividend payout ratio is 65.81%.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.