Blue Trust Inc. Decreases Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Blue Trust Inc. reduced its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 26.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,057 shares of the business services provider’s stock after selling 751 shares during the quarter. Blue Trust Inc.’s holdings in Booz Allen Hamilton were worth $265,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BAH. Creative Planning boosted its stake in shares of Booz Allen Hamilton by 11.3% in the third quarter. Creative Planning now owns 7,485 shares of the business services provider’s stock valued at $1,218,000 after purchasing an additional 758 shares during the period. Cyndeo Wealth Partners LLC purchased a new position in shares of Booz Allen Hamilton in the third quarter valued at $201,000. Copeland Capital Management LLC boosted its stake in shares of Booz Allen Hamilton by 1.9% in the third quarter. Copeland Capital Management LLC now owns 271,991 shares of the business services provider’s stock valued at $44,269,000 after purchasing an additional 4,962 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Booz Allen Hamilton by 47.5% in the third quarter. Sequoia Financial Advisors LLC now owns 2,729 shares of the business services provider’s stock valued at $444,000 after purchasing an additional 879 shares during the period. Finally, Symphony Financial Ltd. Co. purchased a new position in shares of Booz Allen Hamilton in the third quarter valued at $235,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 1.2 %

Shares of NYSE:BAH opened at $119.18 on Wednesday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.56 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a 1-year low of $115.67 and a 1-year high of $190.59. The company’s fifty day moving average is $131.14 and its two-hundred day moving average is $148.61. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data 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%. Equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 30.40%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BAH shares. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research note on Monday, January 6th. The Goldman Sachs Group reduced their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock 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 objective for the company from $180.00 to $190.00 in a research note on Monday, November 4th. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Monday, February 3rd. Finally, StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, five 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 data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.91.

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.