SG Americas Securities LLC Sells 33,262 Shares of Booz Allen Hamilton Holding Corporation $BAH

SG Americas Securities LLC trimmed its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 14.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,932 shares of the business services provider’s stock after selling 33,262 shares during the period. SG Americas Securities LLC owned about 0.16% of Booz Allen Hamilton worth $15,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Activest Wealth Management grew its holdings in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after buying an additional 178 shares in the last quarter. Torren Management LLC bought a new stake in Booz Allen Hamilton in the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its position in Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Booz Allen Hamilton during the 4th quarter worth approximately $27,000. Finally, PenderFund Capital Management Ltd. bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $30,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on BAH shares. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research report on Monday, May 11th. Truist Financial reduced their price objective on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, April 20th. Stifel Nicolaus set a $110.00 target price on Booz Allen Hamilton and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Citigroup reduced their price target on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $88.00.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $59.67 on Friday. The company has a 50-day simple moving average of $76.07 and a two-hundred day simple moving average of $81.71. Booz Allen Hamilton Holding Corporation has a twelve month low of $59.63 and a twelve month high of $120.04. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 3.58 and a beta of 0.32. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the firm posted $1.61 EPS. Booz Allen Hamilton’s quarterly revenue was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Wednesday, June 10th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.