Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 28.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 166,769 shares of the business services provider’s stock after selling 65,404 shares during the period. William Blair Investment Management LLC’s holdings in Booz Allen Hamilton were worth $21,463,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in BAH. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% during the fourth 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. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after purchasing an additional 134 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. Finally, SRS Capital Advisors Inc. boosted its holdings in shares of Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BAH shares. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a report on Monday, January 6th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Wells Fargo & Company reduced their target price on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. Finally, StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Trading Up 1.0 %

NYSE:BAH opened at $116.52 on Wednesday. The business’s 50-day moving average is $122.83 and its two-hundred day moving average is $142.96. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The firm has a market capitalization of $14.76 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

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

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.89%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s payout ratio is presently 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.