Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 58.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,322 shares of the business services provider's stock after selling 6,021 shares during the period. XTX Topco Ltd's holdings in Booz Allen Hamilton were worth $556,000 at the end of the most recent quarter.

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

Booz Allen Hamilton Price Performance

BAH traded up $2.93 on Thursday, reaching $119.35. 2,207,878 shares of the company's stock were exchanged, compared to its average volume of 1,512,370. The stock has a market cap of $15.12 billion, a PE ratio of 17.79, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59. The stock's fifty day moving average price is $110.48 and its 200-day moving average price is $133.89.

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%. 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued 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 1.84%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on BAH shares. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Truist Financial dropped their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. The Goldman Sachs Group reissued a "neutral" rating and issued a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. JPMorgan Chase & Co. dropped their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. Finally, TD Cowen dropped their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $146.45.

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.