Peterson Financial Group Inc. Makes New Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Peterson Financial Group Inc. purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 188 shares of the business services provider’s stock, valued at approximately $31,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gladius Capital Management LP increased its position in shares of Booz Allen Hamilton by 19.7% in the 3rd quarter. Gladius Capital Management LP now owns 5,448 shares of the business services provider’s stock valued at $887,000 after acquiring an additional 898 shares during the period. Natixis Advisors LLC grew its stake in Booz Allen Hamilton by 1.8% during the 3rd quarter. Natixis Advisors LLC now owns 154,358 shares of the business services provider’s stock valued at $25,123,000 after purchasing an additional 2,765 shares during the last quarter. Valley Wealth Managers Inc. increased its holdings in shares of Booz Allen Hamilton by 11.1% in the third quarter. Valley Wealth Managers Inc. now owns 3,417 shares of the business services provider’s stock valued at $556,000 after purchasing an additional 341 shares during the period. Empowered Funds LLC raised its stake in shares of Booz Allen Hamilton by 23.5% in the third quarter. Empowered Funds LLC now owns 16,675 shares of the business services provider’s stock worth $2,714,000 after purchasing an additional 3,177 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of Booz Allen Hamilton by 5.4% during the third quarter. CIBC Asset Management Inc now owns 4,688 shares of the business services provider’s stock worth $763,000 after purchasing an additional 240 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at approximately $5,389,280. This represents a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,173 shares of company stock valued at $1,989,220. Company insiders own 1.59% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on BAH. TD Cowen cut their price target on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Barclays increased their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the company from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company boosted their price objective on Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a report on Monday, October 28th. Two investment 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 MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $180.63.

Booz Allen Hamilton Trading Down 3.0 %

Shares of Booz Allen Hamilton stock opened at $149.39 on Friday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $123.17 and a fifty-two week high of $190.59. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $19.09 billion, a P/E ratio of 23.45, a price-to-earnings-growth ratio of 1.79 and a beta of 0.58. The firm has a 50-day simple moving average of $165.64 and a two-hundred day simple moving average of $157.03.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.37%. Booz Allen Hamilton’s dividend payout ratio is currently 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.