Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT reduced its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,602 shares of the business services provider’s stock after selling 141 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Booz Allen Hamilton were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GDS Wealth Management acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $216,000. KPP Advisory Services LLC purchased a new stake in Booz Allen Hamilton during the 4th quarter worth about $331,000. DAVENPORT & Co LLC raised its position in shares of Booz Allen Hamilton by 45.6% in the fourth quarter. DAVENPORT & Co LLC now owns 49,798 shares of the business services provider’s stock valued at $6,405,000 after buying an additional 15,592 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in Booz Allen Hamilton by 2.0% in the 4th 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 during the last quarter. Finally, Caprock Group LLC acquired a new position in Booz Allen Hamilton in the fourth quarter valued at $502,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $131.89 on Wednesday. Booz Allen Hamilton Holding Co. has a twelve month low of $121.02 and a twelve month high of $190.59. The company has a market capitalization of $16.85 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 1.53 and a beta of 0.55. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a fifty day simple moving average of $135.09 and a 200-day simple moving average of $150.18.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results 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 70.51% and a net margin of 7.39%. Equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.67%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is presently 30.40%.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of research analyst reports. The Goldman Sachs Group dropped their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective for the company. Wells Fargo & Company dropped their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, TD Cowen reduced their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus target price of $158.80.

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.