Aviva PLC Lowers Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aviva PLC decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 26.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 641,097 shares of the business services provider's stock after selling 232,386 shares during the period. Aviva PLC owned approximately 0.51% of Booz Allen Hamilton worth $82,509,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BAH. The Manufacturers Life Insurance Company lifted its position in Booz Allen Hamilton by 2.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 6,313 shares of the business services provider's stock worth $1,028,000 after acquiring an additional 179 shares during the period. FMR LLC lifted its holdings in shares of Booz Allen Hamilton by 111.6% during the third quarter. FMR LLC now owns 356,828 shares of the business services provider's stock worth $58,077,000 after purchasing an additional 188,185 shares during the period. Verition Fund Management LLC grew its position in Booz Allen Hamilton by 93.8% in the 3rd quarter. Verition Fund Management LLC now owns 15,249 shares of the business services provider's stock valued at $2,482,000 after buying an additional 7,382 shares during the last quarter. HighTower Advisors LLC increased its stake in Booz Allen Hamilton by 5.6% in the 3rd quarter. HighTower Advisors LLC now owns 57,870 shares of the business services provider's stock valued at $9,405,000 after buying an additional 3,078 shares during the period. Finally, Investment Management Corp of Ontario raised its position in Booz Allen Hamilton by 52.8% during the 3rd quarter. Investment Management Corp of Ontario now owns 4,340 shares of the business services provider's stock worth $706,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Remove Ads

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BAH. William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. The Goldman Sachs Group reduced their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a report on Thursday, December 12th. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Wells Fargo & Company reduced their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $156.82.

Booz Allen Hamilton Price Performance

Shares of BAH stock traded down $1.25 during trading hours on Thursday, hitting $106.82. The company's stock had a trading volume of 1,062,222 shares, compared to its average volume of 1,443,911. 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 business has a fifty day moving average of $113.17 and a 200-day moving average of $137.10. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59. The stock has a market cap of $13.53 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 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%. As a group, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 2.06%. Booz Allen Hamilton's payout ratio is presently 32.79%.

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.