First Hawaiian Bank Has $3.78 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

First Hawaiian Bank raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 30.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,336 shares of the business services provider’s stock after buying an additional 6,783 shares during the quarter. First Hawaiian Bank’s holdings in Booz Allen Hamilton were worth $3,776,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Fulton Bank N.A. increased its holdings in Booz Allen Hamilton by 18.3% in the fourth quarter. Fulton Bank N.A. now owns 6,817 shares of the business services provider’s stock worth $877,000 after buying an additional 1,056 shares during the last quarter. Diversified Trust Co increased its stake in shares of Booz Allen Hamilton by 48.3% during the 4th quarter. Diversified Trust Co now owns 7,884 shares of the business services provider’s stock worth $1,015,000 after purchasing an additional 2,566 shares during the last quarter. Insight Wealth Strategies LLC bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $3,462,000. Pensionfund Sabic lifted its stake in shares of Booz Allen Hamilton by 10.7% in the 4th quarter. Pensionfund Sabic now owns 8,300 shares of the business services provider’s stock valued at $1,068,000 after purchasing an additional 800 shares during the last quarter. Finally, Milestone Resources Group Ltd bought a new stake in Booz Allen Hamilton in the third quarter worth $10,343,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. This trade represents a 12.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. 1.59% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have weighed in on BAH. Truist Financial cut their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. The Goldman Sachs Group reduced their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, UBS Group began coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Stock Performance

BAH stock traded up $0.53 during trading on Wednesday, reaching $129.77. 1,622,978 shares of the stock were exchanged, compared to its average volume of 1,689,636. The stock has a 50 day simple moving average of $147.82 and a 200-day simple moving average of $153.23. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $16.58 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 1.62 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a twelve month low of $125.42 and a twelve month high of $190.59.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were paid a $0.51 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.57%. Booz Allen Hamilton’s payout ratio is 32.03%.

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