Impax Asset Management Group plc Sells 1,712 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Impax Asset Management Group plc cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,603 shares of the business services provider’s stock after selling 1,712 shares during the period. Impax Asset Management Group plc’s holdings in Booz Allen Hamilton were worth $5,869,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Geode Capital Management LLC increased its position in shares of Booz Allen Hamilton by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in shares of Booz Allen Hamilton by 28.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after acquiring an additional 285,621 shares in the last quarter. Eagle Asset Management Inc. increased its position in shares of Booz Allen Hamilton by 3.6% during the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after acquiring an additional 32,897 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after purchasing an additional 324,159 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Booz Allen Hamilton by 1.1% during the third quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock worth $139,394,000 after purchasing an additional 9,480 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Down 0.1 %

BAH opened at $112.17 on Tuesday. 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 has a market cap of $14.21 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.25 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a twelve month low of $106.69 and a twelve month high of $190.59. The company’s 50-day moving average price is $128.99 and its two-hundred day moving average price is $147.54.

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

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a $0.55 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

Analyst Ratings Changes

Several research firms recently weighed in on BAH. The Goldman Sachs Group cut their price target 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. UBS Group began coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. TD Cowen cut their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus price target of $158.91.

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.