Alliance Wealth Advisors LLC UT Sells 132 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Alliance Wealth Advisors LLC UT cut its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,721 shares of the business services provider’s stock after selling 132 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Booz Allen Hamilton were worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Booz Allen Hamilton by 64.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock valued at $217,676,000 after purchasing an additional 778,437 shares during the period. Ameriprise Financial Inc. increased its holdings in Booz Allen Hamilton by 19.3% during the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock valued at $497,084,000 after buying an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. raised its position in Booz Allen Hamilton by 30.1% in the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock worth $324,341,000 after acquiring an additional 686,318 shares during the period. Qube Research & Technologies Ltd grew its position in shares of Booz Allen Hamilton by 891.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 288,103 shares of the business services provider’s stock valued at $31,481,000 after acquiring an additional 259,053 shares during the period. Finally, Morgan Stanley grew its position in shares of Booz Allen Hamilton by 4.2% during the 3rd quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after acquiring an additional 199,449 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares in the company, valued at approximately $3,730,437.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The disclosure for this sale can be found here. 1.76% of the stock is owned by insiders.

Booz Allen Hamilton Price Performance

BAH stock traded down $0.14 during trading on Friday, hitting $145.13. 405,627 shares of the company’s stock traded hands, compared to its average volume of 512,324. The business has a fifty day simple moving average of $145.98 and a 200 day simple moving average of $135.03. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $150.59. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $18.83 billion, a price-to-earnings ratio of 46.82, a P/E/G ratio of 1.96 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.28. The company had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. As a group, research analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Jefferies Financial Group lifted their price objective on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. JPMorgan Chase & Co. boosted their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Wells Fargo & Company increased their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 30th. The Goldman Sachs Group upped their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Finally, Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $145.11.

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