Bank OZK Lowers Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bank OZK lessened its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,835 shares of the business services provider’s stock after selling 1,123 shares during the quarter. Bank OZK’s holdings in Booz Allen Hamilton were worth $1,130,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. VisionPoint Advisory Group LLC grew its stake in shares of Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Booz Allen Hamilton in the third quarter valued at $31,000. BKM Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the fourth quarter worth about $40,000. First Financial Corp IN increased its stake in Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after acquiring an additional 83 shares during the last quarter. Finally, Altshuler Shaham Ltd acquired a new stake in Booz Allen Hamilton during the third quarter worth about $53,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction 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 owns 557,411 shares in the company, valued at approximately $81,209,208.59. The disclosure for this sale can be found here. Company insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Stock Down 0.1 %

BAH stock traded down $0.14 during trading hours on Friday, reaching $145.13. 405,627 shares of the stock were exchanged, compared to its average volume of 512,324. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 46.82, a PEG ratio of 1.96 and a beta of 0.53. The firm’s 50-day moving average is $145.98 and its 200-day moving average is $134.95. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. Booz Allen Hamilton Holding Co. has a 12 month low of $89.80 and a 12 month high of $150.59.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BAH. Truist Financial increased their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. JPMorgan Chase & Co. increased 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. Jefferies Financial Group raised their target price 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. Wells Fargo & Company raised their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Finally, The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $145.11.

About Booz Allen Hamilton

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.