Mariner LLC Sells 24,066 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mariner LLC cut its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 16.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 124,064 shares of the business services provider's stock after selling 24,066 shares during the period. Mariner LLC owned 0.10% of Booz Allen Hamilton worth $15,967,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of Booz Allen Hamilton by 12.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after buying an additional 501,725 shares during the last quarter. Norges Bank acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at $196,578,000. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $173,055,000. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Booz Allen Hamilton by 11.8% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider's stock valued at $184,347,000 after purchasing an additional 141,541 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in Booz Allen Hamilton by 78.8% in the 4th quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider's stock valued at $133,008,000 after purchasing an additional 455,605 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group restated a "neutral" rating and issued a $109.00 price objective (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. 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 report on Monday, February 3rd. TD Cowen cut their target price on shares of 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, Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $146.45.

Booz Allen Hamilton Stock Up 1.0 %

Shares of BAH opened at $111.36 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The firm's 50 day moving average is $111.24 and its 200-day moving average is $135.53. The stock has a market capitalization of $14.10 billion, a PE ratio of 16.60, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted 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 return on equity of 68.97% and a net margin of 7.39%. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.98%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is presently 32.79%.

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.

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