YHB Investment Advisors Inc. Increases Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

YHB Investment Advisors Inc. boosted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,404 shares of the business services provider’s stock after purchasing an additional 423 shares during the period. YHB Investment Advisors Inc.’s holdings in Booz Allen Hamilton were worth $3,484,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. AGF Management Ltd. raised its stake in Booz Allen Hamilton by 63.4% in the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock worth $269,419,000 after acquiring an additional 679,280 shares during the last quarter. Captrust Financial Advisors boosted its position in Booz Allen Hamilton by 29.4% in the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock valued at $159,741,000 after buying an additional 244,391 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Booz Allen Hamilton by 2.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after buying an additional 222,884 shares during the period. Acadian Asset Management LLC raised its position in Booz Allen Hamilton by 184.0% during the 2nd quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider’s stock worth $51,613,000 after buying an additional 217,349 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in Booz Allen Hamilton by 75.3% during the 2nd quarter. Van ECK Associates Corp now owns 465,363 shares of the business services provider’s stock valued at $71,619,000 after acquiring an additional 199,871 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on BAH shares. The Goldman Sachs Group raised their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Wells Fargo & Company boosted their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Barclays lowered their target price on Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a research note on Tuesday, July 30th. TD Cowen decreased their price target on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Finally, JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and an average price target of $170.75.

Booz Allen Hamilton Stock Up 0.5 %

Shares of BAH opened at $163.26 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. The firm has a market cap of $21.11 billion, a P/E ratio of 35.49, a PEG ratio of 2.33 and a beta of 0.59. The stock’s 50 day moving average is $157.76 and its two-hundred day moving average is $153.07. Booz Allen Hamilton Holding Co. has a 12 month low of $114.69 and a 12 month high of $164.58.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.14). The company had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. Analysts predict that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 annualized dividend and a yield of 1.25%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 44.35%.

Insider Buying and Selling at Booz Allen Hamilton

In related news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the business’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Melody C. Barnes sold 1,041 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares of the company’s stock, valued at $2,597,207.13. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

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