Bank of Montreal Can Sells 72,431 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bank of Montreal Can lessened its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 74.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,081 shares of the business services provider's stock after selling 72,431 shares during the period. Bank of Montreal Can's holdings in Booz Allen Hamilton were worth $3,228,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Moody Aldrich Partners LLC raised its position in shares of Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after acquiring an additional 74 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock worth $234,000 after acquiring an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Booz Allen Hamilton by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after acquiring an additional 82 shares in the last quarter. M&T Bank Corp raised its position in shares of Booz Allen Hamilton by 0.9% during the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after purchasing an additional 88 shares during the period. Finally, Verdence Capital Advisors LLC grew its position in shares of Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock valued at $2,134,000 after purchasing an additional 90 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock traded down $1.48 during midday trading on Monday, reaching $112.20. 1,523,542 shares of the company's stock were exchanged, compared to its average volume of 1,489,982. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock's 50-day simple moving average is $110.55 and its 200 day simple moving average is $134.14. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 16.72, a P/E/G ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. On average, analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date was Friday, February 14th. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is currently 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.