Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN lessened its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 428,678 shares of the business services provider’s stock after selling 6,168 shares during the period. Wells Fargo & Company MN owned 0.33% of Booz Allen Hamilton worth $54,832,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BAH. Nisa Investment Advisors LLC raised its position in shares of Booz Allen Hamilton by 35.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,258 shares of the business services provider’s stock worth $356,000 after acquiring an additional 858 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Booz Allen Hamilton by 2.3% during the 3rd quarter. Principal Financial Group Inc. now owns 38,129 shares of the business services provider’s stock worth $4,166,000 after acquiring an additional 859 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $672,000. Lincoln National Corp raised its position in shares of Booz Allen Hamilton by 6.1% during the 3rd quarter. Lincoln National Corp now owns 5,256 shares of the business services provider’s stock worth $574,000 after acquiring an additional 302 shares in the last quarter. Finally, Versor Investments LP acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $913,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

BAH has been the topic of several research analyst reports. Truist Financial lifted their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company lifted their price target 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 lifted their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Finally, JPMorgan Chase & Co. lifted their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $148.44.

Insider Transactions at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 180 shares of the business’s stock in a transaction on 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 $2,695,466.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Horacio Rozanski sold 34,571 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at $89,256,703.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Richard Crowe sold 180 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were 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 owns 17,486 shares of the company’s stock, valued at $2,695,466.90. The disclosure for this sale can be found here. Insiders sold a total of 40,227 shares of company stock valued at $6,189,532 over the last three months. 1.76% of the stock is currently owned by insiders.

Booz Allen Hamilton Stock Up 4.0 %

BAH opened at $158.51 on Friday. The business’s fifty day moving average is $147.84 and its two-hundred day moving average is $138.89. 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 company has a market cap of $20.57 billion, a price-to-earnings ratio of 51.13, a PEG ratio of 1.89 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.11. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the firm posted $1.01 earnings per share. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

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.