WCM Investment Management LLC Acquires 39,528 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

WCM Investment Management LLC lifted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,229,460 shares of the business services provider's stock after purchasing an additional 39,528 shares during the quarter. Booz Allen Hamilton comprises about 1.5% of WCM Investment Management LLC's holdings, making the stock its 23rd largest holding. WCM Investment Management LLC owned 3.24% of Booz Allen Hamilton worth $537,776,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of BAH. Janiczek Wealth Management LLC purchased a new position in Booz Allen Hamilton in the third quarter worth approximately $25,000. VisionPoint Advisory Group LLC increased its position 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 purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Booz Allen Hamilton in the 3rd quarter valued at about $31,000. DHJJ Financial Advisors Ltd. acquired a new position in Booz Allen Hamilton in the third quarter valued at about $34,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at approximately $40,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Insider Buying and Selling at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value 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 Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Matthew Calderone sold 1,500 shares of the company's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $145.69, for a total value of $7,138,810.00. Following the sale, the chief executive officer now owns 557,411 shares of the company's stock, valued at $81,209,208.59. The disclosure for this sale can be found here. Insiders have sold a total of 55,568 shares of company stock valued at $8,067,487 in the last 90 days. 1.76% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on BAH shares. JPMorgan Chase & Co. boosted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a research report on Tuesday, February 6th. The Goldman Sachs Group raised their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a report on Monday, January 29th. Jefferies Financial Group boosted their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday. 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 report on Monday, January 29th. Finally, Barclays lowered shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $145.11.

Booz Allen Hamilton Stock Down 0.1 %

Shares of BAH stock traded down $0.11 on Friday, reaching $144.09. 553,127 shares of the stock were exchanged, compared to its average volume of 481,790. The business's 50 day moving average price is $146.33 and its 200 day moving average price is $133.10. The company has a market capitalization of $18.70 billion, a price-to-earnings ratio of 46.48, a PEG ratio of 1.96 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 company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, beating 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 business's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.07 earnings per share. As a group, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 5.4 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were paid a $0.51 dividend. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Friday, February 9th. Booz Allen Hamilton's dividend payout ratio is currently 65.81%.

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.