Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 24.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,594 shares of the business services provider’s stock after selling 37,764 shares during the quarter. Natixis Advisors LLC’s holdings in Booz Allen Hamilton were worth $15,006,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Bogart Wealth LLC boosted its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC boosted its position in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after acquiring an additional 134 shares during the last quarter. R Squared Ltd purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Finally, SRS Capital Advisors Inc. increased its position in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 1.0 %

BAH opened at $116.52 on Wednesday. The firm’s 50 day moving average is $122.83 and its 200-day moving average is $142.96. Booz Allen Hamilton Holding Co. has a 52-week low of $101.82 and a 52-week high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a market capitalization of $14.76 billion, a P/E ratio of 17.37, a P/E/G ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.89%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s payout ratio is 32.79%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of 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. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. Finally, Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a report on Monday, January 6th. One 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $158.27.

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.