Crossmark Global Holdings Inc. Trims Stock Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Crossmark Global Holdings Inc. decreased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 51.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,501 shares of the business services provider's stock after selling 16,264 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Booz Allen Hamilton were worth $1,621,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Trajan Wealth LLC grew its stake in shares of Booz Allen Hamilton by 5.8% in the fourth quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock valued at $216,000 after buying an additional 92 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Booz Allen Hamilton by 74.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock valued at $26,000 after buying an additional 105 shares in the last quarter. Yousif Capital Management LLC grew its stake in shares of Booz Allen Hamilton by 5.5% in the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock valued at $250,000 after buying an additional 124 shares in the last quarter. Amalgamated Bank grew its stake in shares of Booz Allen Hamilton by 1.3% in the first quarter. Amalgamated Bank now owns 9,414 shares of the business services provider's stock valued at $985,000 after buying an additional 124 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of Booz Allen Hamilton by 48.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 389 shares of the business services provider's stock valued at $41,000 after buying an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock traded down $0.90 on Friday, hitting $106.78. The stock had a trading volume of 1,116,112 shares, compared to its average volume of 1,793,109. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 1.67 and a beta of 0.48. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.90. Booz Allen Hamilton Holding Corporation has a 52-week low of $98.95 and a 52-week high of $190.59. The company's 50 day moving average price is $110.36 and its 200 day moving average price is $116.08.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.02. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.03 billion. Booz Allen Hamilton had a return on equity of 72.35% and a net margin of 7.81%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.33 EPS. On average, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 11th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a yield of 2.06%. Booz Allen Hamilton's dividend payout ratio is presently 30.34%.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of research reports. Stifel Nicolaus started coverage on Booz Allen Hamilton in a research note on Tuesday, June 24th. They issued a "hold" rating and a $112.00 price objective for the company. Wall Street Zen cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Barclays lowered their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. UBS Group boosted their target price on Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Finally, The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and a consensus price target of $134.64.

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.