New England Capital Financial Advisors LLC Sells 125 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

New England Capital Financial Advisors LLC lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 23.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 404 shares of the business services provider’s stock after selling 125 shares during the period. New England Capital Financial Advisors LLC’s holdings in Booz Allen Hamilton were worth $52,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $1,395,000. Morgan Stanley lifted its holdings in shares of Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after purchasing an additional 199,449 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Booz Allen Hamilton by 28.5% in the third quarter. Hsbc Holdings PLC now owns 78,201 shares of the business services provider’s stock valued at $8,558,000 after purchasing an additional 17,362 shares in the last quarter. DNB Asset Management AS lifted its holdings in shares of Booz Allen Hamilton by 11.4% in the fourth quarter. DNB Asset Management AS now owns 157,632 shares of the business services provider’s stock valued at $20,163,000 after purchasing an additional 16,176 shares in the last quarter. Finally, Helios Capital Management PTE. Ltd. bought a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $1,804,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH traded up $2.95 during trading hours on Tuesday, reaching $145.96. The stock had a trading volume of 583,856 shares, compared to its average volume of 618,184. The stock has a market cap of $18.94 billion, a P/E ratio of 47.04, a price-to-earnings-growth ratio of 1.93 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 12-month low of $89.80 and a 12-month high of $150.59. 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 stock has a 50 day simple moving average of $145.98 and a 200 day simple moving average of $134.47.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.28. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 earnings per share. On average, research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a $0.51 dividend. The ex-dividend date of this dividend was Friday, February 9th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a dividend yield of 1.40%. Booz Allen Hamilton’s payout ratio is 65.81%.

Insider Activity

In related news, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton 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 owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Thursday, March 14th. The stock was 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 owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $139.88, for a total value of $708,911.84. Following 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. Over the last three months, insiders sold 55,568 shares of company stock worth $8,067,487. 1.76% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on the company. Jefferies Financial Group increased their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Wells Fargo & Company increased their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Truist Financial increased their price target on 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, Barclays downgraded Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and an average price target of $145.11.

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.