Farmers & Merchants Investments Inc. Decreases Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Farmers & Merchants Investments Inc. reduced its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.4% in the 3rd quarter, Holdings Channel reports. The firm owned 59,666 shares of the business services provider’s stock after selling 245 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Booz Allen Hamilton were worth $9,711,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. First Horizon Advisors Inc. boosted its stake in shares of Booz Allen Hamilton by 4.5% during the second quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider’s stock worth $246,000 after buying an additional 69 shares during the period. X Square Capital LLC grew its position in Booz Allen Hamilton by 0.7% in the 2nd quarter. X Square Capital LLC now owns 10,509 shares of the business services provider’s stock valued at $1,617,000 after buying an additional 72 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Booz Allen Hamilton by 13.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock valued at $111,000 after buying an additional 79 shares during the period. CIBC Asset Management Inc lifted its stake in shares of Booz Allen Hamilton by 1.9% in the 2nd quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider’s stock worth $685,000 after acquiring an additional 82 shares during the period. Finally, QRG Capital Management Inc. increased its stake in shares of Booz Allen Hamilton by 3.9% during the second quarter. QRG Capital Management Inc. now owns 3,111 shares of the business services provider’s stock worth $479,000 after acquiring an additional 117 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BAH shares. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. The Goldman Sachs Group increased their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Barclays increased their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research report on Tuesday. StockNews.com cut Booz Allen Hamilton from a “hold” rating to a “sell” rating in a report on Tuesday, October 22nd. Finally, TD Cowen reduced their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, July 29th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $180.00.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the sale, the director now owns 18,123 shares in the company, valued at $2,597,207.13. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $143.31, for a total transaction of $149,185.71. Following the completion of the transaction, the director now directly owns 18,123 shares of the company’s stock, valued at $2,597,207.13. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,214 shares of company stock worth $2,138,406 over the last quarter. 1.59% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Down 0.1 %

Shares of NYSE:BAH traded down $0.24 during trading on Tuesday, hitting $185.76. The company’s stock had a trading volume of 62,395 shares, compared to its average volume of 687,263. Booz Allen Hamilton Holding Co. has a fifty-two week low of $116.60 and a fifty-two week high of $189.13. The stock’s 50-day moving average price is $159.56 and its two-hundred day moving average price is $153.85. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.55 and a current ratio of 1.55. The company has a market capitalization of $24.00 billion, a PE ratio of 40.43, a PEG ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. Booz Allen Hamilton had a return on equity of 65.80% and a net margin of 5.57%. As a group, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 5.97 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is currently 44.35%.

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