Howard Bailey Securities LLC Sells 114 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Howard Bailey Securities LLC decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,557 shares of the business services provider’s stock after selling 114 shares during the quarter. Howard Bailey Securities LLC’s holdings in Booz Allen Hamilton were worth $200,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BAH. Livforsakringsbolaget Skandia Omsesidigt boosted its position in Booz Allen Hamilton by 700.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the business services provider’s stock worth $130,000 after purchasing an additional 700 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in Booz Allen Hamilton by 13.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock worth $111,000 after purchasing an additional 79 shares during the period. Wesbanco Bank Inc. boosted its position in Booz Allen Hamilton by 9.5% during the third quarter. Wesbanco Bank Inc. now owns 2,881 shares of the business services provider’s stock worth $469,000 after purchasing an additional 251 shares during the period. Creative Planning boosted its position in Booz Allen Hamilton by 11.3% during the third quarter. Creative Planning now owns 7,485 shares of the business services provider’s stock worth $1,218,000 after purchasing an additional 758 shares during the period. Finally, Sumitomo Life Insurance Co. boosted its position in Booz Allen Hamilton by 1.6% during the third quarter. Sumitomo Life Insurance Co. now owns 22,514 shares of the business services provider’s stock worth $3,664,000 after purchasing an additional 359 shares during the period. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $121.75 on Thursday. Booz Allen Hamilton Holding Co. has a 12-month low of $120.92 and a 12-month high of $190.59. The business’s 50-day simple moving average is $132.66 and its 200 day simple moving average is $149.09. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market cap of $15.42 billion, a price-to-earnings ratio of 18.14, a P/E/G ratio of 1.46 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last released 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 68.97% and a net margin of 7.39%. As a group, research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a $0.55 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.81%. Booz Allen Hamilton’s dividend payout ratio is presently 30.40%.

Wall Street Analyst Weigh In

BAH has been the subject of a number of research analyst reports. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a report on Monday, January 6th. Wells Fargo & Company cut their target price 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. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price objective for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. Finally, TD Cowen dropped their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. One equities research 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 stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Moderate Buy” and an average target price of $158.91.

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.