Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares Sold by TD Asset Management Inc

TD Asset Management Inc trimmed its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 4.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 262,228 shares of the business services provider's stock after selling 11,725 shares during the quarter. TD Asset Management Inc owned approximately 0.21% of Booz Allen Hamilton worth $27,424,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Trajan Wealth LLC boosted its position 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 worth $216,000 after purchasing an additional 92 shares during the period. Personal CFO Solutions LLC boosted its position in shares of Booz Allen Hamilton by 3.5% during the first quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock worth $286,000 after acquiring an additional 92 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position 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 acquiring an additional 105 shares during the last quarter. Yousif Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 5.5% during the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after acquiring an additional 124 shares during the last quarter. Finally, Amalgamated Bank boosted its position in shares of Booz Allen Hamilton by 1.3% during the first quarter. Amalgamated Bank now owns 9,414 shares of the business services provider's stock worth $985,000 after acquiring an additional 124 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded up $2.39 during trading on Friday, hitting $109.72. 2,082,259 shares of the stock traded hands, compared to its average volume of 2,037,572. The company has a quick ratio of 1.79, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market cap of $13.52 billion, a price-to-earnings ratio of 13.48, a P/E/G ratio of 1.68 and a beta of 0.47. The company has a fifty day moving average price of $105.85 and a two-hundred day moving average price of $113.98. Booz Allen Hamilton Holding Corporation has a 52-week low of $98.95 and a 52-week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.38 EPS. As a group, equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton's payout ratio is 27.03%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BAH. Stifel Nicolaus upped their price target on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, July 28th. JPMorgan Chase & Co. upped their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Finally, Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $134.00.

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.