Gulf International Bank UK Ltd Sells 108 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Gulf International Bank UK Ltd lessened its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,242 shares of the business services provider’s stock after selling 108 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Booz Allen Hamilton were worth $1,318,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bogart Wealth LLC boosted its position in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 155 shares during the period. Peterson Financial Group Inc. bought a new stake in shares of Booz Allen Hamilton in the third quarter valued at about $31,000. R Squared Ltd bought a new stake in Booz Allen Hamilton during the fourth quarter worth about $31,000. Roxbury Financial LLC bought a new stake in Booz Allen Hamilton during the fourth quarter worth about $35,000. Finally, Berbice Capital Management LLC bought a new stake in Booz Allen Hamilton during the fourth quarter worth about $39,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BAH shares. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. TD Cowen cut their price objective on shares of 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. Finally, Wells Fargo & Company cut their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Down 4.5 %

BAH stock opened at $106.06 on Friday. The firm has a 50-day moving average price of $127.31 and a 200-day moving average price of $146.54. Booz Allen Hamilton Holding Co. has a 12 month low of $104.05 and a 12 month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market capitalization of $13.43 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55.

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

Booz Allen Hamilton Increases Dividend

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