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

Gulf International Bank UK Ltd decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.0% in the 4th quarter, Holdings Channel reports. 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 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new position in Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Bogart Wealth LLC raised its holdings 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 during the last quarter. R Squared Ltd bought a new position in Booz Allen Hamilton during the 4th quarter worth approximately $31,000. Roxbury Financial LLC bought a new position in Booz Allen Hamilton during the 4th quarter worth approximately $35,000. Finally, Berbice Capital Management LLC bought a new position in Booz Allen Hamilton during the 4th quarter worth approximately $39,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $106.06 on Friday. The firm has a market capitalization of $13.43 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55. The firm has a fifty day simple moving average of $127.31 and a two-hundred day simple moving average of $146.54. 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 $104.05 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 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%. Analysts forecast 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 announced 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.07%. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.

Analyst Ratings Changes

Several research analysts have issued reports on BAH shares. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a report on Wednesday. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research 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 target price on the stock in a research report on Monday, January 6th. Finally, TD Cowen dropped their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price 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.