Milestone Resources Group Ltd Has $4.15 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Milestone Resources Group Ltd reduced its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 49.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,250 shares of the business services provider's stock after selling 31,300 shares during the quarter. Booz Allen Hamilton comprises 0.1% of Milestone Resources Group Ltd's portfolio, making the stock its 22nd biggest position. Milestone Resources Group Ltd's holdings in Booz Allen Hamilton were worth $4,151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Geode Capital Management LLC grew its position in shares of Booz Allen Hamilton by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider's stock valued at $381,898,000 after purchasing an additional 58,038 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at approximately $173,055,000. Bank Julius Baer & Co. Ltd Zurich grew its position 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. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock valued at $209,651,000 after purchasing an additional 285,621 shares during the period. Finally, Eagle Asset Management Inc. grew its position in shares of Booz Allen Hamilton by 3.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock valued at $155,810,000 after purchasing an additional 32,897 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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Booz Allen Hamilton Stock Up 0.6 %

Shares of Booz Allen Hamilton stock traded up $0.65 on Friday, reaching $104.23. 5,200,420 shares of the company were exchanged, compared to its average volume of 1,272,366. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.25 and a beta of 0.56. 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 50-day moving average of $121.39 and a 200 day moving average of $141.89.

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 return on equity of 68.97% and a net margin of 7.39%. On average, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is a positive change 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 2.11%. Booz Allen Hamilton's payout ratio is presently 32.79%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on BAH shares. UBS Group started coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price objective for the company. JPMorgan Chase & Co. cut their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a research note on Monday, February 3rd. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Finally, TD Cowen cut their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $158.27.

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.