D.A. Davidson & CO. Sells 12,167 Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH)

D.A. Davidson & CO. lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 70.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,148 shares of the business services provider's stock after selling 12,167 shares during the quarter. D.A. Davidson & CO.'s holdings in Booz Allen Hamilton were worth $538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Trajan Wealth LLC increased its position in shares of Booz Allen Hamilton by 5.8% during the 4th quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock worth $216,000 after purchasing an additional 92 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after purchasing an additional 105 shares during the last quarter. Yousif Capital Management LLC increased 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 lifted its position in Booz Allen Hamilton by 1.3% during the 1st quarter. Amalgamated Bank now owns 9,414 shares of the business services provider's stock worth $985,000 after buying an additional 124 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in Booz Allen Hamilton by 48.5% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 389 shares of the business services provider's stock worth $41,000 after acquiring an additional 127 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Down 0.8%

Shares of Booz Allen Hamilton stock traded down $0.90 during trading hours on Friday, hitting $106.78. The company's stock had a trading volume of 1,116,112 shares, compared to its average volume of 1,787,428. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.95 and a 12 month high of $190.59. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market capitalization of $13.26 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.68 and a beta of 0.48. The stock has a 50 day moving average of $110.36 and a 200 day moving average of $116.18.

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

Booz Allen Hamilton Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on BAH. Wells Fargo & Company dropped their price objective on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Barclays reduced their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Wednesday, May 28th. Truist Financial dropped their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Wall Street Zen lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, The Goldman Sachs Group lowered shares of 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 report on Wednesday, May 28th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $134.64.

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.