Congress Asset Management Co. decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 931,047 shares of the business services provider’s stock after selling 14,877 shares during the period. Booz Allen Hamilton makes up 1.0% of Congress Asset Management Co.’s portfolio, making the stock its 19th biggest holding. Congress Asset Management Co.’s holdings in Booz Allen Hamilton were worth $151,537,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton during the second quarter worth approximately $26,000. OFI Invest Asset Management bought a new stake in shares of Booz Allen Hamilton during the second quarter valued at approximately $29,000. Innealta Capital LLC acquired a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at $34,000. Crewe Advisors LLC bought a new stake in Booz Allen Hamilton during the 1st quarter worth about $35,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Booz Allen Hamilton during the third quarter worth about $45,000. Institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Price Performance
BAH stock traded down $1.35 during mid-day trading on Thursday, hitting $182.13. 69,706 shares of the stock were exchanged, compared to its average volume of 690,742. The business has a fifty day moving average price of $160.24 and a 200 day moving average price of $154.13. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.55 and a quick ratio of 1.55. Booz Allen Hamilton Holding Co. has a 12 month low of $118.07 and a 12 month high of $189.13. The stock has a market capitalization of $23.53 billion, a price-to-earnings ratio of 39.89, a PEG ratio of 2.33 and a beta of 0.59.
Booz Allen Hamilton Dividend Announcement
Insiders Place Their Bets
In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the transaction, the chief financial officer now owns 33,683 shares of the company’s stock, valued at $5,389,280. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was 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 of the company’s stock, valued at $5,389,280. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,173 shares of company stock valued at $1,989,220 in the last quarter. Insiders own 1.59% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on BAH shares. The Goldman Sachs Group raised their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Wells Fargo & Company increased their price target on Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a research note on Monday. TD Cowen cut their price target on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Finally, StockNews.com upgraded shares of Booz Allen Hamilton from a “sell” rating to a “hold” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $180.00.
View Our Latest Stock Analysis on Booz Allen Hamilton
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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
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