National Pension Service Sells 8,408 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

National Pension Service lessened its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 196,458 shares of the business services provider's stock after selling 8,408 shares during the period. National Pension Service owned 0.15% of Booz Allen Hamilton worth $25,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Blueprint LLC grew its stake in Booz Allen Hamilton by 7.6% in the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider's stock valued at $268,000 after buying an additional 116 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Booz Allen Hamilton by 1.1% during the third quarter. US Bancorp DE now owns 108,675 shares of the business services provider's stock worth $17,689,000 after acquiring an additional 1,226 shares during the period. Farther Finance Advisors LLC grew its position in shares of Booz Allen Hamilton by 22.9% in the third quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider's stock valued at $141,000 after purchasing an additional 161 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Booz Allen Hamilton by 80.0% during the third quarter. Harbor Capital Advisors Inc. now owns 16,411 shares of the business services provider's stock worth $2,671,000 after purchasing an additional 7,292 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 34.8% during the 3rd quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider's stock worth $102,437,000 after purchasing an additional 162,083 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. 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. The Goldman Sachs Group decreased their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. JPMorgan Chase & Co. dropped their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Monday, February 3rd. UBS Group assumed coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price target on the stock. Finally, Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $158.27.

Booz Allen Hamilton Stock Up 4.0 %

Booz Allen Hamilton stock traded up $4.22 during midday trading on Wednesday, reaching $110.01. The stock had a trading volume of 3,527,147 shares, compared to its average volume of 2,462,980. The company has a fifty day moving average price of $126.26 and a two-hundred day moving average price of $145.91. The company has a market capitalization of $13.93 billion, a P/E ratio of 16.40, 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. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, equities analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal 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 $0.55 dividend. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 2.00%. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.79%.

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.