According to the most recent Form 13F filing that was submitted to the Securities and Exchange Commission by the State of New Jersey Common Pension Fund D, the fund’s holdings in Booz Allen Hamilton Holding Co. (NYSE: BAH) were reduced by 4.6% during the third quarter (SEC). After selling 3,492 shares of the business services provider’s equity during that period, the corporation had 71,896 shares in its possession. At the end of the most recent reporting period, the Common Pension Fund D of the State of New Jersey owned approximately 0.05% of Booz Allen Hamilton, and the value of their holdings was $6,640,000.
Recent months have seen several large investors alter the percentage of the company’s stock they continue to hold onto. A 4.2% increase in the proportion of Booz Allen Hamilton stock that WoodTrust Financial Corporation owns was accomplished during the company’s third fiscal quarter. After purchasing an additional 250 shares during the quarter, WoodTrust Financial Corp. is now the owner of 6,150 shares in the business services provider. This brings the total number of shares the company owns to 6,150. There is a total value of $568,000 associated with these shares. During the third quarter of the current fiscal year, Benjamin F. Edwards & Company, Inc. increased the percentage of Booz Allen Hamilton in which it has an ownership stake by 31.9%. Benjamin F. Edwards & Company Inc. now holds 1,732 shares of the business services provider’s stock after purchasing an additional 419 shares. Based on the stock’s current price, the company’s holdings are worth approximately $160,000. The New York State Teachers’ Retirement System invested in Booz Allen Hamilton during the third quarter, purchasing a total of 1,062,000 shares of stock. This was done as part of the system’s investment strategy. During the third quarter of the fiscal year, Comerica Bank increased the percentage of Booz Allen Hamilton stock owned by 18.2%. Comerica Bank now has a total of 84,682 shares of the company’s stock, which has a market value of $8,516,000 thanks to purchasing an additional 13,016 shares during the period in question. In the third quarter, US Bancorp DE increased the percentage of Booz Allen Hamilton stock owned by 11.6%, making this the last and most important point. US Bancorp DE now has 83,579 shares in the business services provider after purchasing an additional 8,699 shares during the most recent quarter for a total investment of 83,579. These shares are currently worth a total of $7,720,000 as of right now. Financial institutions hold most of the company’s shares, which amount to 90.68 percent of the total.
BAH began trading at $95.44 on Friday. The lowest point for Booz Allen Hamilton Holding Co. over the past year was $69.68, while the highest point for the company over the past year was $112.55. The debt-to-equity ratio is calculated to be 2.29, the current ratio is calculated to be 1.81, and the quick ratio is also calculated to be 1.81. The 50-day moving average for the company is $105.06, and the 200-day moving average is $99.12, respectively. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of 24.22, a price-to-earnings-to-growth ratio of 2.59, and a beta value of 0.65. The ratio of price to earnings to growth is 2.59.
Booz Allen Hamilton (NYSE: BAH) disclosed the outcomes of its most recent quarterly earnings report on October 28, a Friday. The company that offers business services reported an earnings per share total for the quarter of $1.34, which is $0.22 higher than the consensus estimate of $1.12 from analysts. The revenue the company brought in for the quarter was $2.30 billion, which is significantly higher than the forecasted revenue of $2.26 billion financial analysts had for the company. Booz Allen Hamilton had a return on equity of 52.33% and a net margin of 6.00%. According to the most recent quarterly report, the company’s revenue increased by 9.2 percent over the previous year. The company generated $1.26 per share during the same period the year before. It has been projected by experts in the stock market that Booz Allen Hamilton Holding Co. will bring in earnings of $4.46 per share in 2018. This information was provided by professionals working in the stock market.
In addition, the company recently announced and paid a quarterly dividend, which was paid out on December 2 of this year. The dividend was declared and paid out. On November 15, dividends for $0.43 were distributed to shareholders on record as of the previous day’s date. This equates to a dividend payment of $1.72 per year and a yield of 1.8 percent when expressed annually. The payment of the dividend took place on November 14. Booz Allen Hamilton currently has a dividend payout ratio (DPR) of 43.65%.
The transaction that took place on Tuesday, October 18, involved the sale of 2,573 shares of company stock by Executive Vice President Richard Crowe. This fact is worthy of further mention. On a per-share basis, the total amount of money spent purchasing the shares, which came to a total of $257,300.00, was $100. Because of the sale, the executive vice president now has direct authority over 14,278 company shares, which are worth a total of $1,427,800. You can find a document that explains the transaction in greater detail on the Securities and Exchange Commission (SEC) website. In addition, 2.23 company insiders own a percent of the total outstanding shares.
Several different equity research analysts have written recent reports on BAH shares. In these papers, the recent performance of the company is discussed. The rating of Booz Allen Hamilton was changed from “hold” to “buy” due to a research study published on Tuesday by StockNews.com. The report’s topic was the stock of the company. Raymond James has changed their recommendation for Booz Allen Hamilton from “outperform” to “market perform,” Its price target for the company has increased to $99.00. On October 19, the results of a study were made available to the general public. In a research note published on October 31, Truist Financial raised their “hold” rating and price target on Booz Allen Hamilton from $100 to $106. The price target was originally set at $100. The message referred to the stock of the company. In a research note made public on January 3, 2019, Morgan Stanley announced that they had upgraded their rating on the stock of Booz Allen Hamilton from “underweight” to “overweight.” In addition, they increased the price target they had set for the company to $118.00, up from $110.00. Booz Allen Hamilton received an “overweight” rating from Wells Fargo & Company in a research report published on November 7, and the firm increased its price target from $100 to $109. In addition, they increased the price target they had previously set for Booz Allen Hamilton from $100 to $109. Six market analysts have assigned a “buy” rating to the stock, while only four have assigned a “hold” rating. The information from Bloomberg indicates that the stock is currently rated as having a consensus “Moderate Buy” recommendation, and the consensus price objective has been set at $103.00.