Booz Allen Hamilton Holding Co. (NYSE:BAH) Position Lowered by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,653 shares of the business services provider's stock after selling 2,855 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Booz Allen Hamilton were worth $6,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its stake in 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 worth $297,000 after acquiring an additional 59 shares during the period. Moody Aldrich Partners LLC grew its position in shares of Booz Allen Hamilton by 4.7% in the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after purchasing an additional 74 shares during the period. Bleakley Financial Group LLC increased its stake in Booz Allen Hamilton by 4.3% in the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock valued at $234,000 after purchasing an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in Booz Allen Hamilton by 2.0% during the fourth 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 during the period. Finally, Apollon Wealth Management LLC boosted its stake in Booz Allen Hamilton by 5.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider's stock worth $271,000 after buying an additional 86 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BAH shares. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Wells Fargo & Company cut their price target 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. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research note on Monday, February 3rd. UBS Group began coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus target price of $158.27.

Booz Allen Hamilton Stock Up 2.6 %

NYSE BAH traded up $2.93 on Monday, reaching $115.18. The company had a trading volume of 1,809,900 shares, compared to its average volume of 1,217,262. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The firm has a 50-day moving average of $123.40 and a 200-day moving average of $143.55. The firm has a market capitalization of $14.59 billion, a PE ratio of 17.17, a P/E/G ratio of 1.25 and a beta of 0.56.

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

Booz Allen Hamilton Increases Dividend

The firm 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 represents a $2.20 dividend on an annualized basis and a dividend yield of 1.91%. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's payout ratio is presently 32.79%.

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.