First Command Advisory Services Inc. reduced its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 19.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 850 shares of the business services provider’s stock after selling 200 shares during the period. First Command Advisory Services Inc.’s holdings in Booz Allen Hamilton were worth $109,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of BAH. Van ECK Associates Corp increased its holdings in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock valued at $122,472,000 after acquiring an additional 324,159 shares during the period. Westfield Capital Management Co. LP purchased a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $48,349,000. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after acquiring an additional 285,621 shares during the period. Los Angeles Capital Management LLC increased its holdings in shares of Booz Allen Hamilton by 878.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider’s stock valued at $31,388,000 after acquiring an additional 218,949 shares during the period. Finally, FMR LLC increased its holdings in shares of Booz Allen Hamilton by 111.6% in the 3rd quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock valued at $58,077,000 after acquiring an additional 188,185 shares during the period. 91.82% of the stock is owned by institutional investors.
Booz Allen Hamilton Stock Down 2.3 %
NYSE:BAH opened at $110.92 on Friday. 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 stock’s fifty day moving average is $128.17 and its two-hundred day moving average is $147.07. Booz Allen Hamilton Holding Co. has a 52 week low of $106.69 and a 52 week high of $190.59. The stock has a market capitalization of $14.05 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55.
Booz Allen Hamilton Increases Dividend
The business 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 boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research note on Monday, January 6th. Finally, Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. One investment 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $158.27.
Get Our Latest Analysis on Booz Allen Hamilton
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.
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