Cibc World Markets Corp Has $752,000 Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Cibc World Markets Corp decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,846 shares of the business services provider’s stock after selling 1,697 shares during the quarter. Cibc World Markets Corp’s holdings in Booz Allen Hamilton were worth $752,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GW&K Investment Management LLC grew its position in shares of Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock worth $59,397,000 after buying an additional 3,435 shares during the period. Versor Investments LP acquired a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $933,000. Bridges Investment Management Inc. grew its holdings in Booz Allen Hamilton by 19.2% during the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock valued at $15,143,000 after purchasing an additional 18,930 shares during the period. Cumberland Partners Ltd grew its holdings in Booz Allen Hamilton by 92.2% during the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock valued at $12,784,000 after purchasing an additional 47,655 shares during the period. Finally, Van ECK Associates Corp grew its holdings in Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock valued at $122,472,000 after purchasing an additional 324,159 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $104.23 on Friday. The company’s fifty day simple moving average is $121.39 and its 200-day simple moving average is $142.00. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a market cap of $13.20 billion, a PE ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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%. Equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. 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 yield of 2.11%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is 32.79%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BAH. JPMorgan Chase & Co. decreased their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a report on Monday, January 6th. TD Cowen decreased 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 report on Wednesday, January 8th. Finally, StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $158.27.

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.