Charles Schwab Investment Management Inc. Lowers Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Charles Schwab Investment Management Inc. trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 804,427 shares of the business services provider's stock after selling 3,784 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.63% of Booz Allen Hamilton worth $103,530,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. lifted its holdings 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 valued at $297,000 after purchasing an additional 59 shares in the last quarter. Moody Aldrich Partners LLC grew its holdings in 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 valued at $214,000 after purchasing an additional 74 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of 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 worth $234,000 after buying an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings 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 valued at $535,000 after acquiring an additional 82 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its stake in 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. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BAH shares. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. reduced 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 research report on Monday, February 3rd. Raymond James upgraded 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 report on Monday, February 3rd. Finally, Wells Fargo & Company lowered their price target on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $158.27.

Booz Allen Hamilton Stock Down 3.4 %

Booz Allen Hamilton stock traded down $3.96 during trading hours on Monday, hitting $112.51. The stock had a trading volume of 3,237,578 shares, compared to its average volume of 1,191,455. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59. The stock's 50-day moving average price is $125.17 and its 200-day moving average price is $145.08. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market capitalization of $14.25 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

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 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%. 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 business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.96%. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

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.