Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 12.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 937,344 shares of the business services provider's stock after selling 131,999 shares during the period. Envestnet Asset Management Inc. owned approximately 0.74% of Booz Allen Hamilton worth $120,636,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BAH. GW&K Investment Management LLC raised its position 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 valued at $59,397,000 after purchasing an additional 3,435 shares during the last quarter. Versor Investments LP bought a new position in Booz Allen Hamilton in the 4th quarter worth about $933,000. Bridges Investment Management Inc. lifted its stake in shares of Booz Allen Hamilton by 19.2% in the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock worth $15,143,000 after buying an additional 18,930 shares in the last quarter. Cumberland Partners Ltd boosted its stake in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock valued at $12,784,000 after purchasing an additional 47,655 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock valued at $122,472,000 after buying an additional 324,159 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

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Booz Allen Hamilton Stock Down 0.4 %

BAH traded down $0.39 on Friday, hitting $108.42. 2,670,588 shares of the company were exchanged, compared to its average volume of 1,467,248. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market cap of $13.73 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The firm has a 50-day moving average price of $112.29 and a two-hundred day moving average price of $136.22. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings results 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 return on equity of 68.97% and a net margin of 7.39%. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is 32.79%.

Analyst Ratings Changes

A number of research firms have recently issued reports on BAH. The Goldman Sachs Group restated a "neutral" rating and issued a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a research note on Friday. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. Raymond James raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. William Blair downgraded shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $152.36.

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.