Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Position Reduced by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lessened its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,984 shares of the business services provider’s stock after selling 666 shares during the period. Asset Management One Co. Ltd.’s holdings in Booz Allen Hamilton were worth $6,221,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BAH. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton in the 3rd quarter valued at approximately $31,000. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $31,000. Berbice Capital Management LLC acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $39,000. Kennebec Savings Bank acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at $60,000. Finally, Matrix Trust Co increased its position in shares of Booz Allen Hamilton by 734.8% during the 4th quarter. Matrix Trust Co now owns 743 shares of the business services provider’s stock valued at $96,000 after purchasing an additional 654 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

BAH opened at $119.18 on Wednesday. The stock has a market cap of $15.09 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1 year low of $115.67 and a 1 year high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 2.72. The stock has a fifty day moving average price of $131.14 and a 200 day moving average price of $148.61.

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 (EPS) for the quarter, beating 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%. Analysts forecast that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current fiscal 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 issued a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.85%. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 30.40%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group reduced their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note 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 for the company in a research note on Wednesday, January 8th. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Monday, February 3rd. Finally, Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, five have issued 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, the company currently has an average 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.