Resonant Capital Advisors LLC Sells 1,448 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Resonant Capital Advisors LLC decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 19.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,132 shares of the business services provider’s stock after selling 1,448 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Booz Allen Hamilton were worth $784,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janiczek Wealth Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter worth $25,000. VisionPoint Advisory Group LLC grew its position in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after buying an additional 118 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Booz Allen Hamilton during the third quarter valued at about $31,000. BKM Wealth Management LLC bought a new stake in Booz Allen Hamilton during the fourth quarter valued at about $40,000. Finally, Altshuler Shaham Ltd bought a new stake in Booz Allen Hamilton during the third quarter valued at about $53,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 1.9 %

Shares of NYSE:BAH opened at $142.14 on Friday. Booz Allen Hamilton Holding Co. has a 52-week low of $89.80 and a 52-week high of $150.59. The stock has a market cap of $18.44 billion, a price-to-earnings ratio of 45.85, a PEG ratio of 1.90 and a beta of 0.53. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The business has a 50-day moving average price of $146.03 and a 200-day moving average price of $134.02.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same period last year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. Equities analysts predict that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.44%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 65.81%.

Insider Transactions at Booz Allen Hamilton

In other news, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, COO Kristine Anderson sold 5,068 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the transaction, the chief operating officer now directly owns 71,656 shares in the company, valued at approximately $10,023,241.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the transaction, the chief executive officer now owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The disclosure for this sale can be found here. Insiders sold a total of 55,568 shares of company stock worth $8,067,487 over the last three months. 1.76% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BAH shares. The Goldman Sachs Group raised their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Truist Financial raised their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company raised their price objective on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. JPMorgan Chase & Co. raised their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Finally, Barclays cut Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $145.11.

Booz Allen Hamilton Company 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.