Hilton Capital Management LLC Sells 8,143 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Hilton Capital Management LLC decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 8.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 92,574 shares of the business services provider's stock after selling 8,143 shares during the period. Booz Allen Hamilton comprises about 1.0% of Hilton Capital Management LLC's investment portfolio, making the stock its 23rd biggest holding. Hilton Capital Management LLC owned 0.07% of Booz Allen Hamilton worth $11,914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $3,496,000. Vestcor Inc lifted its position in Booz Allen Hamilton by 1.4% in the 4th quarter. Vestcor Inc now owns 59,379 shares of the business services provider's stock worth $7,642,000 after buying an additional 813 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $9,372,000. EverSource Wealth Advisors LLC lifted its position in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after buying an additional 134 shares in the last quarter. Finally, S&CO Inc. lifted its position in Booz Allen Hamilton by 3.5% in the 4th quarter. S&CO Inc. now owns 5,890 shares of the business services provider's stock worth $758,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

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Booz Allen Hamilton Stock Up 1.0 %

Shares of BAH stock traded up $1.18 during trading on Tuesday, reaching $116.52. The company's stock had a trading volume of 2,117,146 shares, compared to its average volume of 1,220,439. The business has a fifty day moving average price of $123.08 and a 200-day moving average price of $143.26. 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 company has a market cap of $14.76 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a one year low of $101.82 and a one year high of $190.59.

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 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%. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share 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 given a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is 32.79%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BAH shares. UBS Group started 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. Wells Fargo & Company decreased 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 report on Wednesday, February 26th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. TD Cowen decreased their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Finally, William Blair downgraded shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $158.27.

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.