Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 64.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071 shares of the business services provider’s stock after acquiring an additional 419 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Booz Allen Hamilton were worth $137,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. VisionPoint Advisory Group LLC grew its stake in Booz Allen Hamilton by 75.6% in the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Booz Allen Hamilton in the third quarter worth about $31,000. BKM Wealth Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter worth about $40,000. Altshuler Shaham Ltd acquired a new position in Booz Allen Hamilton in the third quarter worth about $53,000. Finally, First Financial Corp IN grew its stake in Booz Allen Hamilton by 21.3% in the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after purchasing an additional 83 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $144.17 on Thursday. Booz Allen Hamilton Holding Co. has a 12 month low of $89.80 and a 12 month high of $150.59. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 46.58, a PEG ratio of 1.97 and a beta of 0.53. The stock’s 50 day moving average price is $146.01 and its 200 day moving average price is $134.66. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results 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. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 earnings per share. Equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were given a $0.51 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. This represents a $2.04 annualized dividend and a yield of 1.41%. Booz Allen Hamilton’s payout ratio is 65.81%.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at approximately $3,730,437.62. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at approximately $3,730,437.62. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the transaction, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,568 shares of company stock worth $8,067,487. 1.76% of the stock is owned by insiders.

Analysts Set New Price Targets

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