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

US Bancorp DE lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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.

A number of other institutional investors have also made changes to their positions in BAH. Private Trust Co. NA lifted its holdings in Booz Allen Hamilton by 371.2% during the 4th quarter. Private Trust Co. NA now owns 311 shares of the business services provider's stock worth $40,000 after buying an additional 245 shares in the last quarter. GW&K Investment Management LLC raised its stake in Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider's stock worth $59,397,000 after acquiring an additional 3,435 shares in the last quarter. QRG Capital Management Inc. lifted its position in Booz Allen Hamilton by 11.9% in the fourth quarter. QRG Capital Management Inc. now owns 3,916 shares of the business services provider's stock valued at $504,000 after acquiring an additional 418 shares during the last quarter. Versor Investments LP purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at $933,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $4,683,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

NYSE BAH traded down $1.42 during trading hours on Thursday, reaching $108.52. The company's stock had a trading volume of 116,426 shares, compared to its average volume of 2,406,937. The company's 50-day moving average is $125.87 and its two-hundred day moving average is $145.66. The stock has a market cap of $13.74 billion, a PE ratio of 16.25, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.82 and a fifty-two week high of $190.59. 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 (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. Analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is currently 32.79%.

Analyst Ratings Changes

BAH has been the subject of a number of research analyst reports. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. TD Cowen reduced 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 research report on Wednesday, January 8th. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. UBS Group initiated coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price target on the stock. Finally, Raymond James raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target for the company in a report on Monday, February 3rd. One equities research 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 company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average 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.