Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale lessened its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 76.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,205 shares of the business services provider's stock after selling 431,934 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.10% of Booz Allen Hamilton worth $16,701,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Morgan Stanley increased its holdings in Booz Allen Hamilton by 312.6% in the 4th quarter. Morgan Stanley now owns 5,079,195 shares of the business services provider's stock worth $530,878,000 after acquiring an additional 3,848,242 shares in the last quarter. Norges Bank purchased a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $159,500,000. WCM Investment Management LLC lifted its holdings in Booz Allen Hamilton by 53.0% during the first quarter. WCM Investment Management LLC now owns 4,147,380 shares of the business services provider's stock valued at $384,421,000 after purchasing an additional 1,435,898 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Booz Allen Hamilton by 64.1% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider's stock valued at $217,676,000 after purchasing an additional 778,437 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Booz Allen Hamilton by 19.3% during the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider's stock valued at $497,084,000 after purchasing an additional 736,404 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares of the company's stock, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CFO Matthew Calderone sold 1,500 shares of the company's stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of the company's stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the transaction, the chief operating officer now owns 71,656 shares in the company, valued at approximately $10,023,241.28. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 55,568 shares of company stock valued at $8,067,487. 1.76% of the stock is currently owned by insiders.

Booz Allen Hamilton Stock Down 2.6 %

NYSE:BAH traded down $3.79 during mid-day trading on Tuesday, reaching $143.53. The company's stock had a trading volume of 490,452 shares, compared to its average volume of 627,404. Booz Allen Hamilton Holding Co. has a 1 year low of $89.80 and a 1 year high of $150.59. The stock has a fifty day moving average of $146.24 and a 200-day moving average of $132.28. The firm has a market capitalization of $18.62 billion, a PE ratio of 47.53, a price-to-earnings-growth ratio of 2.00 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 (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.28. The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.54 billion. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 earnings per share. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.41 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.42%. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. Booz Allen Hamilton's dividend payout ratio is presently 65.81%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on BAH shares. Wells Fargo & Company lifted their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, January 30th. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, February 6th. Barclays cut shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 5th. Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a research report on Monday, January 29th. Finally, The Goldman Sachs Group lifted their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a research report on Monday, January 29th. 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, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target 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.