Vaughan David Investments LLC IL Decreases Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Vaughan David Investments LLC IL lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 400,365 shares of the business services provider’s stock after selling 2,080 shares during the quarter. Booz Allen Hamilton makes up approximately 1.2% of Vaughan David Investments LLC IL’s portfolio, making the stock its 21st biggest position. Vaughan David Investments LLC IL’s holdings in Booz Allen Hamilton were worth $51,527,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 92.2% during the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after purchasing an additional 47,655 shares during the last quarter. Van ECK Associates Corp raised its position in Booz Allen Hamilton by 51.7% in the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after acquiring an additional 324,159 shares in the last quarter. Empirical Asset Management LLC purchased a new position in Booz Allen Hamilton in the fourth quarter worth $1,900,000. Alberta Investment Management Corp purchased a new position in Booz Allen Hamilton in the fourth quarter worth $3,784,000. Finally, Blue Trust Inc. raised its position in Booz Allen Hamilton by 133.8% in the fourth quarter. Blue Trust Inc. now owns 6,566 shares of the business services provider’s stock worth $845,000 after acquiring an additional 3,758 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

BAH has been the topic of several research reports. Cantor Fitzgerald initiated coverage on Booz Allen Hamilton in a report on Friday, February 7th. They issued an “overweight” rating and a $160.00 target price on the stock. TD Cowen lowered their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price on the stock. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday. Finally, Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average target price of $158.91.

Booz Allen Hamilton Stock Down 0.1 %

Shares of NYSE:BAH opened at $112.17 on Tuesday. The stock’s 50-day moving average price is $128.99 and its two-hundred day moving average price is $147.54. 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 $106.69 and a 12-month high of $190.59. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.25 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (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%. On average, research 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders 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 1.96%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Booz Allen Hamilton 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.