Scotia Capital Inc. Sells 19,306 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Scotia Capital Inc. lessened its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 56.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,785 shares of the business services provider's stock after selling 19,306 shares during the period. Scotia Capital Inc.'s holdings in Booz Allen Hamilton were worth $1,903,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Moody Aldrich Partners LLC raised its position in Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after buying an additional 74 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of Booz Allen Hamilton by 4.3% in the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock worth $234,000 after purchasing an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after purchasing an additional 82 shares during the last quarter. M&T Bank Corp grew its position in Booz Allen Hamilton by 0.9% in the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock valued at $1,309,000 after purchasing an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC increased its stake in Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock valued at $2,134,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

NYSE BAH traded up $2.41 during trading on Friday, reaching $113.70. The company's stock had a trading volume of 1,581,894 shares, compared to its average volume of 1,482,695. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The firm has a 50 day moving average price of $110.96 and a 200 day moving average price of $135.19. The firm has a market capitalization of $14.40 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. 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 announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, equities analysts anticipate 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 announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. 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 1.93%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. 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 upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. The Goldman Sachs Group reissued a "neutral" rating and issued a $109.00 price objective (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Finally, Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price for the company in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $146.45.

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.