Natixis Advisors LLC Sells 37,764 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Natixis Advisors LLC reduced its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 24.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,594 shares of the business services provider's stock after selling 37,764 shares during the period. Natixis Advisors LLC owned 0.09% of Booz Allen Hamilton worth $15,006,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bogart Wealth LLC raised its stake in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after acquiring an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 144.1% during 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 during the period. R Squared Ltd acquired a new position in Booz Allen Hamilton in the 4th quarter valued at $31,000. Finally, SRS Capital Advisors Inc. raised its holdings in Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after acquiring an additional 232 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group lowered their price target on 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. Barclays raised 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 report on Monday, January 6th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research note on Monday, February 3rd. Finally, 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $158.27.

Booz Allen Hamilton Stock Up 0.6 %

Shares of NYSE BAH traded up $0.65 during midday trading on Friday, reaching $104.23. The company's stock had a trading volume of 5,200,420 shares, compared to its average volume of 1,268,976. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The stock has a 50 day simple moving average of $121.39 and a 200-day simple moving average of $142.10. The stock 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.

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

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.11%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 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.