Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Mather Group LLC.

Mather Group LLC. lowered its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 27.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,557 shares of the business services provider’s stock after selling 978 shares during the quarter. Mather Group LLC.’s holdings in Booz Allen Hamilton were worth $329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter worth $31,000. R Squared Ltd bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. Berbice Capital Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter worth about $39,000. Gilliland Jeter Wealth Management LLC bought a new stake in Booz Allen Hamilton in the third quarter valued at about $45,000. Finally, Kennebec Savings Bank acquired a new stake in Booz Allen Hamilton during the third quarter valued at approximately $60,000. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their target price on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the company from $180.00 to $190.00 in a research note on Monday, November 4th. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday. Finally, UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $158.80.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $128.98 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm’s 50 day moving average is $134.36 and its two-hundred day moving average is $149.88. The firm has a market capitalization of $16.48 billion, a P/E ratio of 19.22, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 52 week low of $121.02 and a 52 week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results 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 70.51% and a net margin of 7.39%. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a $0.55 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.71%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is presently 30.40%.

About Booz Allen Hamilton

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.