Ralph W. Shrader Sells 30,000 Shares of Booz Allen Hamilton Holding Co. (BAH) Stock

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Booz Allen Hamilton Holding Co. (NYSE:BAH) Director Ralph W. Shrader sold 30,000 shares of the business’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $51.06, for a total transaction of $1,531,800.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Ralph W. Shrader also recently made the following trade(s):

  • On Thursday, August 2nd, Ralph W. Shrader sold 30,000 shares of Booz Allen Hamilton stock. The stock was sold at an average price of $47.19, for a total transaction of $1,415,700.00.
  • On Monday, July 2nd, Ralph W. Shrader sold 30,000 shares of Booz Allen Hamilton stock. The stock was sold at an average price of $43.91, for a total transaction of $1,317,300.00.

Booz Allen Hamilton stock traded up $0.33 during midday trading on Wednesday, hitting $51.78. 659,400 shares of the stock were exchanged, compared to its average volume of 909,565. Booz Allen Hamilton Holding Co. has a 52-week low of $34.30 and a 52-week high of $51.79. The stock has a market cap of $7.29 billion, a PE ratio of 25.61, a price-to-earnings-growth ratio of 1.83 and a beta of 1.12. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.48 and a current ratio of 1.48.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Monday, July 30th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a net margin of 5.21% and a return on equity of 57.00%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the company earned $0.47 earnings per share. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. analysts predict that Booz Allen Hamilton Holding Co. will post 2.5 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Tuesday, August 14th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.47%. The ex-dividend date was Monday, August 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.81%.

Several research firms have recently commented on BAH. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, July 16th. ValuEngine raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. Bank of America boosted their target price on shares of Booz Allen Hamilton from $40.00 to $47.00 and gave the stock a “hold” rating in a research report on Friday, June 8th. Wells Fargo & Co boosted their price target on shares of Booz Allen Hamilton from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday, June 7th. Finally, Drexel Hamilton restated a “hold” rating on shares of Booz Allen Hamilton in a report on Monday, July 30th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $47.60.

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James & Associates boosted its stake in Booz Allen Hamilton by 1.7% in the second quarter. Raymond James & Associates now owns 70,143 shares of the business services provider’s stock valued at $3,067,000 after acquiring an additional 1,176 shares during the last quarter. TLP Group LLC boosted its stake in Booz Allen Hamilton by 23.5% in the first quarter. TLP Group LLC now owns 6,591 shares of the business services provider’s stock valued at $255,000 after acquiring an additional 1,256 shares during the last quarter. Verition Fund Management LLC boosted its stake in Booz Allen Hamilton by 7.1% in the first quarter. Verition Fund Management LLC now owns 22,192 shares of the business services provider’s stock valued at $859,000 after acquiring an additional 1,472 shares during the last quarter. ETF Managers Group LLC boosted its stake in Booz Allen Hamilton by 0.6% in the first quarter. ETF Managers Group LLC now owns 253,718 shares of the business services provider’s stock valued at $9,611,000 after acquiring an additional 1,628 shares during the last quarter. Finally, GAM Holding AG boosted its stake in Booz Allen Hamilton by 5.0% in the second quarter. GAM Holding AG now owns 36,254 shares of the business services provider’s stock valued at $1,585,000 after acquiring an additional 1,741 shares during the last quarter. Institutional investors and hedge funds own 94.36% of the company’s stock.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

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