Vanguard Group Inc. Has $1.65 Billion Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vanguard Group Inc. decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,834,021 shares of the business services provider's stock after selling 61,094 shares during the quarter. Vanguard Group Inc. owned about 10.13% of Booz Allen Hamilton worth $1,651,739,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Moody Aldrich Partners LLC lifted its stake in shares of 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 purchasing 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 buying an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Booz Allen Hamilton by 2.0% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after acquiring an additional 82 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock valued at $1,309,000 after acquiring an additional 88 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in shares of 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 acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 2.4 %

BAH stock traded up $2.56 during midday trading on Tuesday, reaching $107.14. The company's stock had a trading volume of 2,564,537 shares, compared to its average volume of 1,344,235. The business's 50-day simple moving average is $117.03 and its 200-day simple moving average is $139.54. The stock has a market cap of $13.57 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The company has a quick ratio of 1.57, a current 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 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%. As a group, sell-side analysts expect 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. Investors of record on Friday, February 14th were paid a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 2.05%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.79%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group decreased their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. William Blair downgraded shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target for the company in a report on Monday, January 6th. Finally, UBS Group began coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price objective for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $158.27.

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.