LGT Financial Advisors LLC Sells 219 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

LGT Financial Advisors LLC cut its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 45.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 264 shares of the business services provider’s stock after selling 219 shares during the quarter. LGT Financial Advisors LLC’s holdings in Booz Allen Hamilton were worth $43,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BAH. Private Advisor Group LLC lifted its holdings in shares of Booz Allen Hamilton by 99.0% in the 1st quarter. Private Advisor Group LLC now owns 5,816 shares of the business services provider’s stock worth $863,000 after acquiring an additional 2,894 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Booz Allen Hamilton in the first quarter worth $250,000. Daiwa Securities Group Inc. boosted its position in Booz Allen Hamilton by 3.6% during the first quarter. Daiwa Securities Group Inc. now owns 8,594 shares of the business services provider’s stock valued at $1,276,000 after buying an additional 300 shares during the period. Rehmann Capital Advisory Group bought a new position in shares of Booz Allen Hamilton during the first quarter valued at about $200,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of Booz Allen Hamilton by 9.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 36,540 shares of the business services provider’s stock worth $5,424,000 after buying an additional 3,136 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BAH shares. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price objective for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a report on Monday, October 28th. TD Cowen dropped their price target on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, July 29th. Finally, Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price objective for the company from $180.00 to $190.00 in a research report on Monday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $180.63.

Insiders Place Their Bets

In related news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Matthew Calderone sold 4,065 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $670,725.00. Following the sale, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,173 shares of company stock worth $1,989,220. Company insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Stock Down 2.9 %

Shares of NYSE BAH opened at $179.95 on Thursday. The firm has a fifty day simple moving average of $163.57 and a two-hundred day simple moving average of $155.76. The firm has a market capitalization of $22.99 billion, a PE ratio of 28.25, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 12 month low of $122.59 and a 12 month high of $190.59.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.13%. Booz Allen Hamilton’s payout ratio is 32.03%.

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.