Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank trimmed its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 24.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,886 shares of the business services provider’s stock after selling 4,600 shares during the quarter. Toronto Dominion Bank’s holdings in Booz Allen Hamilton were worth $2,061,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Gulf International Bank UK Ltd boosted its position in shares of Booz Allen Hamilton by 0.8% during the 1st quarter. Gulf International Bank UK Ltd now owns 10,838 shares of the business services provider’s stock worth $1,608,000 after acquiring an additional 85 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Booz Allen Hamilton by 2.2% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock worth $508,000 after buying an additional 86 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in Booz Allen Hamilton by 0.5% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 17,990 shares of the business services provider’s stock valued at $2,671,000 after buying an additional 93 shares during the period. Greenleaf Trust boosted its position in Booz Allen Hamilton by 1.9% during the 4th quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock worth $682,000 after purchasing an additional 99 shares during the period. Finally, Spire Wealth Management grew its stake in shares of Booz Allen Hamilton by 18.0% in the first quarter. Spire Wealth Management now owns 656 shares of the business services provider’s stock valued at $97,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Activity

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 34,571 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $5,329,119.65. Following the completion of the sale, the chief executive officer now owns 579,025 shares in the company, valued at $89,256,703.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Horacio Rozanski sold 34,571 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the sale, the chief executive officer now owns 579,025 shares of the company’s stock, valued at $89,256,703.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Richard Crowe sold 180 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $27,747.00. Following the completion of the transaction, the executive vice president now directly owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,255 shares of company stock worth $8,970,026. 1.59% of the stock is currently owned by insiders.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $139.84 on Friday. The stock has a 50 day moving average of $154.09 and a 200 day moving average of $147.46. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.20. The company has a market capitalization of $18.08 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 1.99 and a beta of 0.57. Booz Allen Hamilton Holding Co. has a 12 month low of $106.90 and a 12 month high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.92 billion. As a group, sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 5.93 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were given a $0.51 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $2.04 annualized dividend and a yield of 1.46%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Analyst Ratings Changes

Several brokerages recently weighed in on BAH. JPMorgan Chase & Co. boosted their price objective on Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a report on Wednesday, July 10th. Truist Financial increased their price target on Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, May 28th. Barclays lifted their target price on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 29th. Wells Fargo & Company increased their price objective on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 28th. Finally, TD Cowen boosted their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus target price of $161.78.

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