Forte Capital LLC ADV Has $3.79 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Forte Capital LLC ADV reduced its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 29,417 shares of the business services provider’s stock after selling 1,317 shares during the quarter. Forte Capital LLC ADV’s holdings in Booz Allen Hamilton were worth $3,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its holdings in Booz Allen Hamilton by 387.5% in 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. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton in the 3rd quarter worth approximately $31,000. R Squared Ltd acquired a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $31,000. Roxbury Financial LLC acquired a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $35,000. Finally, Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $39,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Wells Fargo & Company dropped their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. TD Cowen dropped their price target on 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. Cantor Fitzgerald assumed coverage on Booz Allen Hamilton in a research report on Friday, February 7th. They issued an “overweight” rating and a $160.00 price target on the stock. Finally, The Goldman Sachs Group dropped their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.91.

Booz Allen Hamilton Stock Performance

BAH opened at $113.54 on Friday. The stock has a market cap of $14.38 billion, a PE ratio of 16.92, a P/E/G ratio of 1.32 and a beta of 0.55. 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 1 year low of $110.57 and a 1 year high of $190.59. The stock’s 50 day simple moving average is $129.90 and its 200-day simple moving average is $147.98.

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

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.94%. Booz Allen Hamilton’s payout ratio is currently 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.