Fulton Bank N.A. Buys 1,056 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Fulton Bank N.A. increased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 18.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,817 shares of the business services provider’s stock after purchasing an additional 1,056 shares during the quarter. Fulton Bank N.A.’s holdings in Booz Allen Hamilton were worth $877,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Westfield Capital Management Co. LP acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after purchasing an additional 285,621 shares during the last quarter. FMR LLC lifted its position in shares of Booz Allen Hamilton by 111.6% during the 3rd quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock worth $58,077,000 after buying an additional 188,185 shares during the last quarter. Millennium Management LLC lifted its position in shares of Booz Allen Hamilton by 91.6% during the 2nd quarter. Millennium Management LLC now owns 367,645 shares of the business services provider’s stock worth $56,581,000 after buying an additional 175,795 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in Booz Allen Hamilton by 34.8% in the third quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider’s stock valued at $102,437,000 after buying an additional 162,083 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. The Goldman Sachs Group cut their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a report on Monday. Finally, JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their target price for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $161.78.

Insider Activity

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at approximately $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

Booz Allen Hamilton Trading Up 0.4 %

Shares of BAH stock opened at $129.77 on Friday. The stock has a 50-day moving average of $146.75 and a 200-day moving average of $153.07. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The stock has a market cap of $16.58 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 1.62 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1-year low of $125.42 and a 1-year high of $190.59.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. The ex-dividend date was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.57%. Booz Allen Hamilton’s payout ratio is 32.03%.

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.