Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by PDT Partners LLC

PDT Partners LLC lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 75.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,072 shares of the business services provider's stock after selling 15,378 shares during the quarter. PDT Partners LLC's holdings in Booz Allen Hamilton were worth $653,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Booz Allen Hamilton by 86.6% during the 4th quarter. AQR Capital Management LLC now owns 417,686 shares of the business services provider's stock valued at $53,756,000 after purchasing an additional 193,867 shares during the period. Northern Trust Corp boosted its stake in Booz Allen Hamilton by 15.2% during the fourth quarter. Northern Trust Corp now owns 706,792 shares of the business services provider's stock valued at $90,964,000 after buying an additional 93,092 shares in the last quarter. Quarry LP acquired a new position in Booz Allen Hamilton during the fourth quarter worth about $215,000. Aquatic Capital Management LLC acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $11,877,000. Finally, Johnson Financial Group Inc. grew its stake in shares of Booz Allen Hamilton by 347.3% in the 4th quarter. Johnson Financial Group Inc. now owns 416 shares of the business services provider's stock worth $54,000 after purchasing an additional 323 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $119.55 on Friday. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-year high of $190.59. The firm has a fifty day simple moving average of $110.96 and a 200-day simple moving average of $132.17. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market capitalization of $15.14 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results 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 net margin of 7.39% and a return on equity of 68.97%. On average, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's payout ratio is currently 32.79%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BAH shares. Truist Financial decreased their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Raymond James upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective on the stock in a report on Monday, February 3rd. Finally, William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and an average target price of $146.45.

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.

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