Milestone Resources Group Ltd Lowers Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Milestone Resources Group Ltd lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 49.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 32,250 shares of the business services provider’s stock after selling 31,300 shares during the period. Booz Allen Hamilton accounts for about 0.1% of Milestone Resources Group Ltd’s investment portfolio, making the stock its 22nd biggest holding. Milestone Resources Group Ltd’s holdings in Booz Allen Hamilton were worth $4,151,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BAH. Vinva Investment Management Ltd grew its stake in shares of Booz Allen Hamilton by 173.0% during the 4th quarter. Vinva Investment Management Ltd now owns 131,553 shares of the business services provider’s stock valued at $17,045,000 after acquiring an additional 83,371 shares during the period. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in Booz Allen Hamilton by 38.1% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 5,519 shares of the business services provider’s stock valued at $710,000 after purchasing an additional 1,522 shares in the last quarter. Xponance Inc. boosted its position in shares of Booz Allen Hamilton by 4.4% in the fourth quarter. Xponance Inc. now owns 24,433 shares of the business services provider’s stock worth $3,145,000 after purchasing an additional 1,022 shares during the period. Intech Investment Management LLC increased its stake in shares of Booz Allen Hamilton by 631.7% in the fourth quarter. Intech Investment Management LLC now owns 141,898 shares of the business services provider’s stock worth $18,262,000 after purchasing an additional 122,504 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC raised its position in shares of Booz Allen Hamilton by 204.7% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 13,930 shares of the business services provider’s stock valued at $1,793,000 after purchasing an additional 9,358 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

BAH has been the subject of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. TD Cowen decreased their target price 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. JPMorgan Chase & Co. lowered their price target on 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, StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Stock Up 1.0 %

Shares of NYSE:BAH opened at $116.52 on Wednesday. The company has a 50-day moving average price of $122.83 and a 200 day moving average price of $142.96. 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 Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results 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, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given 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 1.89%. Booz Allen Hamilton’s payout ratio is 32.79%.

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.