X Square Capital LLC Buys 382 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

X Square Capital LLC increased its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,891 shares of the business services provider’s stock after buying an additional 382 shares during the quarter. X Square Capital LLC’s holdings in Booz Allen Hamilton were worth $1,773,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. First Horizon Advisors Inc. grew its holdings in Booz Allen Hamilton by 4.5% during the second quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider’s stock worth $246,000 after buying an additional 69 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in Booz Allen Hamilton by 13.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock valued at $111,000 after purchasing an additional 79 shares during the period. CIBC Asset Management Inc grew its stake in Booz Allen Hamilton by 1.9% in the 2nd quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider’s stock valued at $685,000 after purchasing an additional 82 shares during the period. Banque Cantonale Vaudoise grew its stake in Booz Allen Hamilton by 112.4% in the 1st 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 during the period. Finally, MCF Advisors LLC grew its stake in Booz Allen Hamilton by 103.6% in the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares during the period. Institutional investors own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on BAH. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. The Goldman Sachs Group upped their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. StockNews.com downgraded Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research note on Tuesday. Truist Financial increased their price target on Booz Allen Hamilton from $140.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, September 5th. Finally, Wells Fargo & Company increased their price target on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Three research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $170.75.

Insiders Place Their Bets

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

Booz Allen Hamilton Stock Up 0.5 %

Shares of NYSE BAH opened at $163.26 on Thursday. Booz Allen Hamilton Holding Co. has a 52 week low of $114.69 and a 52 week high of $164.58. The business has a 50-day simple moving average of $157.76 and a two-hundred day simple moving average of $153.07. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. The company has a market cap of $21.11 billion, a P/E ratio of 35.49, a P/E/G ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.92 billion. Research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.97 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared 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.