Isthmus Partners LLC Has $15.03 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Isthmus Partners LLC trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,323 shares of the business services provider’s stock after selling 1,259 shares during the quarter. Booz Allen Hamilton accounts for 1.8% of Isthmus Partners LLC’s investment portfolio, making the stock its 17th largest holding. Isthmus Partners LLC owned 0.07% of Booz Allen Hamilton worth $15,026,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. raised its position in shares of Booz Allen Hamilton by 21.6% during the third quarter. Hantz Financial Services Inc. now owns 115,068 shares of the business services provider’s stock worth $18,728,000 after purchasing an additional 20,471 shares during the period. Vinva Investment Management Ltd raised its position in shares of Booz Allen Hamilton by 14.8% during the third quarter. Vinva Investment Management Ltd now owns 48,182 shares of the business services provider’s stock worth $7,808,000 after purchasing an additional 6,200 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Booz Allen Hamilton by 14.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,508 shares of the business services provider’s stock worth $9,197,000 after purchasing an additional 6,967 shares during the period. Providence Capital Advisors LLC raised its position in shares of Booz Allen Hamilton by 1.1% during the third quarter. Providence Capital Advisors LLC now owns 54,810 shares of the business services provider’s stock worth $8,921,000 after purchasing an additional 589 shares during the period. Finally, RPg Family Wealth Advisory LLC raised its position in shares of Booz Allen Hamilton by 2.6% during the third quarter. RPg Family Wealth Advisory LLC now owns 34,293 shares of the business services provider’s stock worth $5,582,000 after purchasing an additional 861 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 0.9 %

Shares of NYSE:BAH opened at $147.35 on Friday. The company has a market capitalization of $18.83 billion, a PE ratio of 23.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The business has a fifty day moving average price of $164.23 and a two-hundred day moving average price of $156.73. Booz Allen Hamilton Holding Co. has a 1 year low of $123.17 and a 1 year high of $190.59.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. Booz Allen Hamilton’s payout ratio is 32.03%.

Analyst Ratings Changes

BAH has been the subject of several recent research reports. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Barclays upped their price target on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating for the company in a report on Tuesday. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. Finally, StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $173.25.

Insider Transactions at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 3,865 shares of the stock in a transaction 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 in the company, valued at approximately $5,389,280. This represents a 10.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares of the company’s stock, valued at $4,206,840. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,173 shares of company stock worth $1,989,220. 1.59% of the stock is owned by company insiders.

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