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

Bank OZK lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,602 shares of the business services provider’s stock after selling 107 shares during the quarter. Bank OZK’s holdings in Booz Allen Hamilton were worth $850,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC increased its position in Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in Booz Allen Hamilton during the 3rd quarter worth about $31,000. R Squared Ltd purchased a new stake in Booz Allen Hamilton during the 4th quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton during the 4th quarter worth about $35,000. Finally, Berbice Capital Management LLC purchased a new stake in Booz Allen Hamilton during the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday. TD Cowen dropped their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $106.06 on Friday. The firm has a market capitalization of $13.43 billion, a P/E ratio of 15.81, a P/E/G ratio of 1.25 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1-year low of $104.05 and a 1-year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The business’s 50-day simple moving average is $127.82 and its 200-day simple moving average is $146.82.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be paid a $0.55 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s payout ratio is currently 32.79%.

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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.