Geode Capital Management LLC Has $298.73 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Geode Capital Management LLC reduced its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,309,347 shares of the business services provider's stock after selling 32,186 shares during the period. Geode Capital Management LLC owned about 1.82% of Booz Allen Hamilton worth $298,732,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Moody Aldrich Partners LLC lifted its position in shares of Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock worth $214,000 after buying an additional 74 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock worth $234,000 after purchasing an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Booz Allen Hamilton by 2.0% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after buying an additional 82 shares in the last quarter. M&T Bank Corp increased its stake in shares of Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after purchasing an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in shares of Booz Allen Hamilton by 0.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock worth $2,134,000 after acquiring an additional 90 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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Booz Allen Hamilton Trading Down 0.8 %

Booz Allen Hamilton stock traded down $0.92 during midday trading on Thursday, reaching $107.15. The stock had a trading volume of 629,762 shares, compared to its average volume of 1,442,134. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $13.57 billion, a price-to-earnings ratio of 15.99, a PEG ratio of 1.25 and a beta of 0.58. The firm's fifty day simple moving average is $113.17 and its two-hundred day simple moving average is $137.10.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective on the stock in a report on Monday, February 3rd. TD Cowen reduced their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $156.82.

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.