SG Americas Securities LLC Sells 33,262 Shares of Booz Allen Hamilton Holding Corporation $BAH

SG Americas Securities LLC cut its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 14.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 192,932 shares of the business services provider’s stock after selling 33,262 shares during the quarter. SG Americas Securities LLC’s holdings in Booz Allen Hamilton were worth $15,054,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BAH. Rakuten Securities Inc. grew its position in shares of Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after buying an additional 199 shares during the period. Activest Wealth Management raised its stake in Booz Allen Hamilton by 141.3% during the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after buying an additional 178 shares during the period. Torren Management LLC bought a new position in Booz Allen Hamilton in the fourth quarter worth approximately $26,000. Fulcrum Asset Management LLP bought a new position in Booz Allen Hamilton in the third quarter worth approximately $32,000. Finally, Aventura Private Wealth LLC acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $27,000. Institutional investors own 91.82% of the company’s stock.

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Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $59.67 on Friday. Booz Allen Hamilton Holding Corporation has a 52 week low of $59.63 and a 52 week high of $120.04. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The business has a 50 day moving average price of $76.07 and a 200-day moving average price of $81.71. The company has a market cap of $7.15 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 3.58 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.46. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.Booz Allen Hamilton’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BAH. BNP Paribas Exane assumed coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price objective for the company. Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday, May 11th. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Stifel Nicolaus set a $110.00 price target on shares of Booz Allen Hamilton and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, UBS Group restated a “neutral” rating and set a $83.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Reduce” and a consensus target price of $88.00.

Read Our Latest Report on BAH

Booz Allen Hamilton Company Profile

(Free Report)

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

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