Advisors Asset Management Inc. Sells 4,634 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Advisors Asset Management Inc. lowered its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,951 shares of the business services provider's stock after selling 4,634 shares during the period. Advisors Asset Management Inc.'s holdings in Booz Allen Hamilton were worth $4,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Geode Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider's stock valued at $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Booz Allen Hamilton during the fourth quarter valued at approximately $173,055,000. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of Booz Allen Hamilton by 11.8% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider's stock valued at $184,347,000 after purchasing an additional 141,541 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Booz Allen Hamilton by 28.5% in the 3rd 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 buying an additional 285,621 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its position in shares of Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock worth $155,810,000 after buying an additional 32,897 shares during the period. Institutional investors own 91.82% of the company's stock.

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Booz Allen Hamilton Trading Up 1.0 %

Booz Allen Hamilton stock traded up $1.01 during mid-day trading on Monday, hitting $105.15. The stock had a trading volume of 2,710,684 shares, compared to its average volume of 1,278,119. The stock has a market capitalization of $13.32 billion, a PE ratio of 15.67, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a 50-day simple moving average of $121.39 and a two-hundred day simple moving average of $141.89.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its 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, 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 business 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 is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's payout ratio is presently 32.79%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a "neutral" rating and a $159.00 price objective for the company. TD Cowen cut their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company decreased their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $158.27.

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.