Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd trimmed its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 19.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,500 shares of the business services provider’s stock after selling 600 shares during the period. UniSuper Management Pty Ltd’s holdings in Booz Allen Hamilton were worth $322,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in Booz Allen Hamilton by 12.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock worth $581,516,000 after purchasing an additional 501,725 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in shares of Booz Allen Hamilton by 26.4% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 14,536 shares of the business services provider’s stock worth $1,871,000 after buying an additional 3,037 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Booz Allen Hamilton by 6.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 91,915 shares of the business services provider’s stock worth $12,126,000 after buying an additional 5,651 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $206,000. Finally, Ipsen Advisor Group LLC purchased a new position in Booz Allen Hamilton during the 4th quarter valued at about $431,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BAH. UBS Group initiated coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. The Goldman Sachs Group dropped their price target 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. TD Cowen reduced their price objective on 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. Finally, Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Trading Down 0.4 %

Shares of BAH stock opened at $104.84 on Tuesday. The firm’s 50-day simple moving average is $117.73 and its 200-day simple moving average is $139.89. 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 1-year low of $101.05 and a 1-year high of $190.59. The firm has a market cap of $13.28 billion, a P/E ratio of 15.63, a PEG ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, equities analysts forecast 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. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. 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.