Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Holdings Boosted by Copeland Capital Management LLC

Copeland Capital Management LLC grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 271,991 shares of the business services provider’s stock after purchasing an additional 4,962 shares during the quarter. Copeland Capital Management LLC’s holdings in Booz Allen Hamilton were worth $44,269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton during the 2nd quarter valued at $26,000. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the second quarter valued at $29,000. Banque Cantonale Vaudoise raised its stake in shares of Booz Allen Hamilton by 112.4% during the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 109 shares in the last quarter. MCF Advisors LLC lifted its holdings in Booz Allen Hamilton by 103.6% in the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after purchasing an additional 115 shares during the period. Finally, Innealta Capital LLC bought a new position in Booz Allen Hamilton in the 2nd quarter valued at about $34,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In related news, Director Melody C. Barnes sold 1,041 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the transaction, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.13. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the 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 transaction, the director now owns 18,123 shares in the company, valued at $2,597,207.13. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the firm’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 completion of the sale, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. The trade was 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 Trading Down 0.4 %

Shares of NYSE BAH opened at $163.26 on Tuesday. The firm has a market capitalization of $21.11 billion, a PE ratio of 35.49, a PEG ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton Holding Co. has a one year low of $114.69 and a one year high of $164.58. 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 business has a 50-day moving average price of $157.14 and a two-hundred day moving average price of $152.89.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. The company had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.92 billion. As a group, 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 announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a $0.51 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.25%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 44.35%.

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.