Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 873,468 shares of the business services provider’s stock after selling 32,187 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Booz Allen Hamilton were worth $111,725,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC lifted its holdings in Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after buying an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Booz Allen Hamilton in the 3rd quarter worth $31,000. BKM Wealth Management LLC acquired a new position in Booz Allen Hamilton in the 4th quarter worth $40,000. First Financial Corp IN lifted its holdings in Booz Allen Hamilton by 21.3% in the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after buying an additional 83 shares in the last quarter. Finally, Altshuler Shaham Ltd acquired a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $53,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insiders Place Their Bets

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 transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the transaction, the chief operating officer now owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,568 shares of company stock worth $8,067,487. Insiders own 1.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Wells Fargo & Company upped their target price 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. Jefferies Financial Group upped their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. Finally, Truist Financial upped their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Monday, January 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $145.11.

Booz Allen Hamilton Stock Performance

BAH traded up $0.88 on Thursday, hitting $145.27. 422,131 shares of the company’s stock were exchanged, compared to its average volume of 614,560. The firm has a market cap of $18.85 billion, a PE ratio of 47.22, a P/E/G ratio of 1.97 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 stock has a fifty day moving average of $145.99 and a two-hundred day moving average of $134.72. 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) last posted its earnings results on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter in the prior year, the firm earned $1.07 EPS. Booz Allen Hamilton’s quarterly revenue was up 12.9% on a year-over-year basis. On average, research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

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