SG Americas Securities LLC Sells 7,240 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

SG Americas Securities LLC trimmed its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 71.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,914 shares of the business services provider's stock after selling 7,240 shares during the period. SG Americas Securities LLC's holdings in Booz Allen Hamilton were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janiczek Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth about $25,000. VisionPoint Advisory Group LLC boosted its stake in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider's stock worth $30,000 after acquiring an additional 118 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $31,000. BKM Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $40,000. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $34,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Booz Allen Hamilton

In related news, CEO Horacio Rozanski sold 49,000 shares of the company's stock in a transaction that occurred on Friday, February 9th. The shares were 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 owns 557,411 shares of the company's stock, valued at $81,209,208.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Horacio Rozanski sold 49,000 shares of the company's stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the transaction, the chief executive officer now owns 557,411 shares of the company's stock, valued at $81,209,208.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Kristine Anderson sold 5,068 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the sale, the chief operating officer now directly owns 71,656 shares of the company's stock, valued at approximately $10,023,241.28. The disclosure for this sale can be found here. Insiders have sold 55,568 shares of company stock valued at $8,067,487 over the last quarter. Corporate insiders own 1.76% of the company's stock.

Booz Allen Hamilton Stock Performance

NYSE BAH traded up $0.50 during trading on Monday, reaching $147.33. The company's stock had a trading volume of 588,958 shares, compared to its average volume of 629,449. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The firm has a market cap of $19.12 billion, a price-to-earnings ratio of 47.53, a P/E/G ratio of 2.00 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a twelve month low of $89.80 and a twelve month high of $150.59. The business's fifty day moving average price is $146.24 and its 200-day moving average price is $132.28.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings results 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 net margin of 3.96% and a return on equity of 65.31%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same period in the previous year, the business posted $1.07 earnings per share. The business's revenue was up 12.9% compared to the same quarter last year. As a group, analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.41 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, February 9th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.47. Booz Allen Hamilton's dividend payout ratio is 65.81%.

Analyst Upgrades and Downgrades

BAH has been the topic of several recent analyst reports. The Goldman Sachs Group increased their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a "buy" rating in a research note on Monday, January 29th. Truist Financial lifted their target price 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. Barclays cut shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 5th. JPMorgan Chase & Co. lifted their price objective 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, Wells Fargo & Company lifted their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of "Hold" and an average target price of $139.56.

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