Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,984 shares of the business services provider’s stock after selling 6,691 shares during the quarter. US Bancorp DE owned 0.08% of Booz Allen Hamilton worth $13,126,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at approximately $31,000. Bogart Wealth LLC boosted its stake in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after buying an additional 155 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Roxbury Financial LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $35,000. Finally, Berbice Capital Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $39,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

BAH stock opened at $102.65 on Tuesday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The firm has a market cap of $13.00 billion, a P/E ratio of 15.30, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55. The stock has a 50-day simple moving average of $127.31 and a 200-day simple moving average of $146.53.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results 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%. On average, equities 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 business 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.14%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. Truist Financial decreased their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. TD Cowen decreased their target price 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. Finally, 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 research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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.