Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 29.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,128 shares of the business services provider’s stock after selling 123,946 shares during the period. Westfield Capital Management Co. LP owned approximately 0.23% of Booz Allen Hamilton worth $38,517,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of BAH. First Financial Corp IN lifted its position in 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 worth $60,000 after acquiring an additional 83 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Booz Allen Hamilton by 2.2% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock valued at $508,000 after purchasing an additional 86 shares during the period. Greenleaf Trust grew its holdings in Booz Allen Hamilton by 1.9% during the 4th quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock valued at $682,000 after purchasing an additional 99 shares in the last quarter. Valley Wealth Managers Inc. lifted its holdings in Booz Allen Hamilton by 4.0% in the 3rd quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the business services provider’s stock worth $301,000 after buying an additional 106 shares in the last quarter. Finally, VisionPoint Advisory Group LLC grew its stake in shares of Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

BAH traded up $6.15 on Friday, reaching $158.51. The company had a trading volume of 1,466,203 shares, compared to its average volume of 740,339. The company has a market capitalization of $20.57 billion, a P/E ratio of 34.46, a PEG ratio of 1.97 and a beta of 0.53. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a fifty day moving average of $147.84 and a 200-day moving average of $138.89. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.11. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period last year, the firm earned $1.01 EPS. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. As a group, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.89 earnings per share for the current year.

Analysts Set New Price Targets

BAH has been the topic of a number of recent analyst reports. Stifel Nicolaus upped their target price on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. Wells Fargo & Company increased their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. Truist Financial raised their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. boosted their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Finally, The Goldman Sachs Group increased their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, January 29th. One 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’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $148.44.

Insider Activity

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 related news, EVP Richard Crowe sold 180 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the sale, the executive vice president now directly owns 17,486 shares in the company, valued at $2,695,466.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Matthew Calderone sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value 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 disclosure for this sale can be found here. Insiders sold a total of 40,227 shares of company stock valued at $6,189,532 over the last three months. 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.