Wellington Management Group LLP Sells 6,871 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Wellington Management Group LLP decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 205,725 shares of the business services provider's stock after selling 6,871 shares during the quarter. Wellington Management Group LLP owned 0.16% of Booz Allen Hamilton worth $26,477,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BAH. Norges Bank bought a new position in Booz Allen Hamilton in the 4th quarter worth approximately $196,578,000. Raymond James Financial Inc. bought a new stake in shares of Booz Allen Hamilton in the 4th quarter worth approximately $173,055,000. JPMorgan Chase & Co. grew its holdings in shares of Booz Allen Hamilton by 12.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock worth $581,516,000 after acquiring an additional 501,725 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Booz Allen Hamilton by 328.1% during the fourth quarter. Teacher Retirement System of Texas now owns 431,043 shares of the business services provider's stock worth $55,475,000 after purchasing an additional 330,344 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock valued at $122,472,000 after purchasing an additional 324,159 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

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Booz Allen Hamilton Trading Down 0.4 %

Shares of BAH traded down $0.39 during mid-day trading on Friday, reaching $108.42. The company's stock had a trading volume of 2,670,588 shares, compared to its average volume of 1,463,606. The company's fifty day moving average price is $112.29 and its two-hundred day moving average price is $136.39. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The stock has a market cap of $13.73 billion, a PE ratio of 16.16, a P/E/G 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 (EPS) for the quarter, beating 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, analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share 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 paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.03%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. TD Cowen reduced their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Monday, February 3rd. Finally, Wells Fargo & Company reduced their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target of $152.36.

Booz Allen Hamilton Company 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.