William Blair Investment Management LLC Has $21.46 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

William Blair Investment Management LLC lessened its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 28.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 166,769 shares of the business services provider's stock after selling 65,404 shares during the quarter. William Blair Investment Management LLC owned 0.13% of Booz Allen Hamilton worth $21,463,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BAH. Apollon Wealth Management LLC boosted its position in shares of Booz Allen Hamilton by 5.5% in the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider's stock valued at $271,000 after acquiring an additional 86 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Booz Allen Hamilton by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider's stock valued at $297,000 after buying an additional 59 shares in the last quarter. Metis Global Partners LLC raised its position in shares of Booz Allen Hamilton by 7.1% in the 3rd quarter. Metis Global Partners LLC now owns 2,474 shares of the business services provider's stock valued at $403,000 after buying an additional 163 shares in the last quarter. CIBC Asset Management Inc raised its position in shares of Booz Allen Hamilton by 5.4% in the 3rd quarter. CIBC Asset Management Inc now owns 4,688 shares of the business services provider's stock valued at $763,000 after buying an additional 240 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of Booz Allen Hamilton by 23.5% in the 3rd quarter. Empowered Funds LLC now owns 16,675 shares of the business services provider's stock valued at $2,714,000 after buying an additional 3,177 shares in the last quarter. Institutional investors own 91.82% of the company's stock.

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Booz Allen Hamilton Trading Up 0.6 %

Shares of NYSE:BAH traded up $0.65 during trading on Friday, reaching $104.23. The stock had a trading volume of 5,200,420 shares, compared to its average volume of 1,268,976. The firm's fifty day moving average is $121.39 and its 200 day moving average is $142.10. 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 52 week low of $101.05 and a 52 week high of $190.59. The stock has a market cap of $13.20 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released 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 net margin of 7.39% and a return on equity of 68.97%. As a group, equities analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BAH shares. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a research report on Friday, November 22nd. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research report on Wednesday, February 26th. UBS Group began coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of "Hold" and a consensus price target of $158.27.

Booz Allen Hamilton 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.