Insider Selling: Booz Allen Hamilton Holding Co. (NYSE:BAH) Director Sells 7,000 Shares of Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) Director Gretchen W. Mcclain sold 7,000 shares of Booz Allen Hamilton stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $50.14, for a total value of $350,980.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Gretchen W. Mcclain also recently made the following trade(s):

  • On Tuesday, August 21st, Gretchen W. Mcclain sold 1,985 shares of Booz Allen Hamilton stock. The shares were sold at an average price of $50.03, for a total value of $99,309.55.

BAH stock traded up $0.51 during midday trading on Friday, hitting $52.41. The company had a trading volume of 933,367 shares, compared to its average volume of 691,163. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.48 and a current ratio of 1.48. Booz Allen Hamilton Holding Co. has a 52 week low of $34.33 and a 52 week high of $52.54. The company has a market capitalization of $7.39 billion, a P/E ratio of 26.07, a PEG ratio of 1.86 and a beta of 1.12.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Monday, July 30th. The business services provider reported $0.72 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a return on equity of 57.00% and a net margin of 5.21%. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. equities analysts predict that Booz Allen Hamilton Holding Co. will post 2.5 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 31st. Stockholders of record on Tuesday, August 14th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, August 13th. This represents a $0.76 annualized dividend and a dividend yield of 1.45%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.81%.

A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Wednesday, August 15th. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 31st. Drexel Hamilton reiterated a “hold” rating on shares of Booz Allen Hamilton in a research report on Monday, July 30th. Vertical Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Monday, July 9th. Finally, ValuEngine upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $47.60.

Institutional investors and hedge funds have recently bought and sold shares of the company. Aperio Group LLC grew its stake in Booz Allen Hamilton by 14.2% in the second quarter. Aperio Group LLC now owns 65,288 shares of the business services provider’s stock worth $2,855,000 after purchasing an additional 8,137 shares during the period. Greenleaf Trust purchased a new stake in Booz Allen Hamilton in the second quarter worth $215,000. Prudential Financial Inc. grew its stake in Booz Allen Hamilton by 2.3% in the first quarter. Prudential Financial Inc. now owns 1,178,274 shares of the business services provider’s stock worth $45,623,000 after purchasing an additional 26,360 shares during the period. Twin Tree Management LP purchased a new stake in Booz Allen Hamilton in the second quarter worth $241,000. Finally, Aureus Asset Management LLC grew its stake in Booz Allen Hamilton by 5.0% in the second quarter. Aureus Asset Management LLC now owns 472,267 shares of the business services provider’s stock worth $20,652,000 after purchasing an additional 22,280 shares during the period. 94.36% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

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