Bank Julius Baer & Co. Ltd Zurich Trims Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bank Julius Baer & Co. Ltd Zurich decreased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 873,468 shares of the business services provider’s stock after selling 32,187 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.67% of Booz Allen Hamilton worth $111,725,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Morgan Stanley increased its position in Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock worth $538,108,000 after buying an additional 199,449 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Booz Allen Hamilton by 19.3% in the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock worth $497,084,000 after acquiring an additional 736,404 shares during the period. WCM Investment Management LLC boosted its stake in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. WCM Investment Management LLC now owns 4,229,460 shares of the business services provider’s stock worth $537,776,000 after acquiring an additional 39,528 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Booz Allen Hamilton by 30.1% in the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock worth $324,341,000 after acquiring an additional 686,318 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Booz Allen Hamilton by 64.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock worth $217,676,000 after acquiring an additional 778,437 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Buying and Selling

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction 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 sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The disclosure for this sale can be found here. In the last three months, insiders sold 55,568 shares of company stock valued at $8,067,487. Insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Trading Up 0.6 %

Shares of BAH stock traded up $0.88 on Thursday, reaching $145.27. 422,131 shares of the company’s stock were exchanged, compared to its average volume of 614,560. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $150.59. 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 stock has a market capitalization of $18.85 billion, a PE ratio of 47.22, a P/E/G ratio of 1.97 and a beta of 0.53. The company’s fifty day simple moving average is $145.99 and its 200 day simple moving average is $134.72.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.54 billion. During the same period last year, the company earned $1.07 EPS. Booz Allen Hamilton’s quarterly revenue was up 12.9% compared to the same quarter last year. As a group, analysts forecast that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were paid a dividend of $0.51 per share. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 65.81%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on BAH shares. The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Jefferies Financial Group raised their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Barclays cut Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Truist Financial raised their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. Finally, JPMorgan Chase & Co. raised their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, 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.