Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Bailard Inc.

Bailard Inc. reduced its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,702 shares of the business services provider’s stock after selling 418 shares during the period. Bailard Inc.’s holdings in Booz Allen Hamilton were worth $2,776,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BAH. VisionPoint Advisory Group LLC boosted its position in Booz Allen Hamilton by 75.6% in the 3rd 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 purchased a new position in Booz Allen Hamilton in the third quarter valued at $31,000. BKM Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $40,000. First Financial Corp IN grew its position in shares of Booz Allen Hamilton by 21.3% during the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 83 shares during the period. Finally, Altshuler Shaham Ltd acquired a new position in Booz Allen Hamilton in the 3rd quarter worth about $53,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BAH. Wells Fargo & Company raised their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. 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 research note on Tuesday, February 6th. The Goldman Sachs Group upped their price target 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. Jefferies Financial Group raised their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Finally, Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $145.11.

Booz Allen Hamilton Stock Performance

Shares of BAH traded down $0.84 during mid-day trading on Friday, reaching $144.43. 30,805 shares of the company’s stock were exchanged, compared to its average volume of 607,751. The business’s fifty day simple moving average is $145.99 and its 200-day simple moving average is $134.80. 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 capitalization of $18.74 billion, a PE ratio of 46.86, a price-to-earnings-growth ratio of 1.95 and a beta of 0.53. 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 issued 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 net margin of 3.96% and a return on equity of 65.31%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same period last year, the firm posted $1.07 EPS. Booz Allen Hamilton’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current year.

Insider Buying and Selling

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The disclosure for this sale can be found here. Corporate insiders own 1.76% of the company’s stock.

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