Sepio Capital LP cut its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,140 shares of the business services provider’s stock after selling 196 shares during the quarter. Sepio Capital LP’s holdings in Booz Allen Hamilton were worth $1,434,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in BAH. Russell Investments Group Ltd. grew its position in Booz Allen Hamilton by 33.0% during the fourth quarter. Russell Investments Group Ltd. now owns 214,860 shares of the business services provider’s stock worth $27,617,000 after buying an additional 53,370 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Booz Allen Hamilton in the 4th quarter worth $2,028,000. Oarsman Capital Inc. raised its position in shares of Booz Allen Hamilton by 146.8% during the 4th quarter. Oarsman Capital Inc. now owns 459 shares of the business services provider’s stock valued at $59,000 after buying an additional 273 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new stake in shares of Booz Allen Hamilton during the 4th quarter worth $5,604,000. Finally, Landscape Capital Management L.L.C. bought a new position in Booz Allen Hamilton in the fourth quarter valued at $912,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have commented on BAH shares. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. The Goldman Sachs Group dropped their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $158.27.
Booz Allen Hamilton Stock Down 2.4 %
Shares of NYSE BAH opened at $109.07 on Monday. The firm has a fifty day simple moving average of $115.43 and a two-hundred day simple moving average of $138.59. The firm has a market capitalization of $13.81 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. 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 – Get Free Report) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (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 analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.
Booz Allen Hamilton Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.02%. Booz Allen Hamilton’s dividend payout ratio is 32.79%.
Booz Allen Hamilton 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.
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