Booz Allen Hamilton Holding Co. (NYSE:BAH) Stake Decreased by Commerce Bank

Commerce Bank lowered its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 81.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,122 shares of the business services provider's stock after selling 17,712 shares during the period. Commerce Bank's holdings in Booz Allen Hamilton were worth $530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Barclays PLC increased its stake in Booz Allen Hamilton by 17.1% during the 3rd quarter. Barclays PLC now owns 101,365 shares of the business services provider's stock worth $16,497,000 after buying an additional 14,826 shares in the last quarter. Anchor Investment Management LLC lifted its holdings in Booz Allen Hamilton by 865.7% in the third quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider's stock valued at $105,000 after acquiring an additional 580 shares during the last quarter. World Investment Advisors LLC increased its stake in Booz Allen Hamilton by 26.1% during the third quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider's stock worth $1,094,000 after acquiring an additional 1,390 shares during the last quarter. Tidal Investments LLC lifted its position in Booz Allen Hamilton by 17.7% in the third quarter. Tidal Investments LLC now owns 13,165 shares of the business services provider's stock valued at $2,143,000 after buying an additional 1,979 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Booz Allen Hamilton by 9.1% during the 3rd quarter. Franklin Resources Inc. now owns 87,607 shares of the business services provider's stock worth $14,249,000 after purchasing an additional 7,271 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of recent research reports. Truist Financial decreased their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a report on Monday, April 14th. TD Cowen cut their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price for the company in a report on Monday, January 6th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $146.45.

Booz Allen Hamilton Stock Down 0.4 %

BAH traded down $0.52 during trading on Tuesday, hitting $118.29. The company had a trading volume of 263,334 shares, compared to its average volume of 1,519,329. The company has a market cap of $14.98 billion, a PE ratio of 17.71, a P/E/G ratio of 1.25 and a beta of 0.58. The business has a 50-day moving average of $110.54 and a 200-day moving average of $132.64. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued 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%. As a group, analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced 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. The ex-dividend date was Friday, February 14th. 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 dividend yield of 1.86%. Booz Allen Hamilton's dividend payout ratio is 32.79%.

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.