Grantham Mayo Van Otterloo & Co. LLC Reduces Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 81.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,278 shares of the business services provider's stock after selling 14,352 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in Booz Allen Hamilton were worth $422,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank bought a new stake in Booz Allen Hamilton in the 4th quarter valued at $196,578,000. Raymond James Financial Inc. acquired a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $173,055,000. JPMorgan Chase & Co. boosted its holdings in shares of Booz Allen Hamilton by 12.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock worth $581,516,000 after acquiring an additional 501,725 shares during the period. Alliancebernstein L.P. grew its stake in shares of Booz Allen Hamilton by 78.8% in the fourth quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider's stock valued at $133,008,000 after acquiring an additional 455,605 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in shares of Booz Allen Hamilton by 328.1% in the fourth quarter. Teacher Retirement System of Texas now owns 431,043 shares of the business services provider's stock valued at $55,475,000 after buying an additional 330,344 shares in the last quarter. Institutional investors own 91.82% of the company's stock.

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Booz Allen Hamilton Price Performance

BAH stock traded up $2.72 during mid-day trading on Monday, hitting $111.50. 419,107 shares of the stock were exchanged, compared to its average volume of 2,675,035. The business has a fifty day moving average price of $112.29 and a 200 day moving average price of $136.22. 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 12 month low of $101.05 and a 12 month high of $190.59. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 1.25 and a beta of 0.58.

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

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.97%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is currently 32.79%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BAH shares. 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. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Finally, William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target of $148.27.

Booz Allen Hamilton Company 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.