Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc lessened its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,315 shares of the business services provider’s stock after selling 2,269 shares during the period. Impax Asset Management Group plc’s holdings in Booz Allen Hamilton were worth $7,701,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $26,000. OFI Invest Asset Management purchased a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $29,000. Innealta Capital LLC purchased a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $34,000. Crewe Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $35,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 3.0 %

Shares of Booz Allen Hamilton stock opened at $149.37 on Friday. The company has a market cap of $19.09 billion, a P/E ratio of 23.45, a PEG ratio of 2.06 and a beta of 0.58. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton Holding Co. has a one year low of $123.17 and a one year high of $190.59. The firm has a fifty day moving average of $165.64 and a two-hundred day moving average of $156.96.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 dividend on an annualized basis and a yield of 1.37%. Booz Allen Hamilton’s payout ratio is currently 32.03%.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the transaction, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at $5,389,280. This represents a 10.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,173 shares of company stock worth $1,989,220. 1.59% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. The Goldman Sachs Group boosted their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a research report on Monday, October 28th. Barclays upped their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $180.63.

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.