Booz Allen Hamilton Holding Corporation (NYSE:BAH) Holdings Trimmed by World Investment Advisors

World Investment Advisors lowered its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 40.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,581 shares of the business services provider's stock after selling 2,424 shares during the period. World Investment Advisors' holdings in Booz Allen Hamilton were worth $375,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BAH. MassMutual Private Wealth & Trust FSB lifted its holdings in 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 worth $26,000 after acquiring an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after acquiring an additional 134 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Booz Allen Hamilton in the fourth quarter worth about $33,000. Versant Capital Management Inc raised its holdings in shares of Booz Allen Hamilton by 627.3% during the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock valued at $33,000 after buying an additional 276 shares during the last quarter. Finally, CX Institutional bought a new stake in shares of Booz Allen Hamilton during the first quarter valued at approximately $33,000. Institutional investors own 91.82% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Stifel Nicolaus assumed coverage on Booz Allen Hamilton in a report on Tuesday, June 24th. They set a "hold" rating and a $112.00 price target on the stock. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and cut their price target for the company from $108.00 to $94.00 in a report on Wednesday, May 28th. Finally, Barclays cut their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $134.64.

Booz Allen Hamilton Price Performance

NYSE:BAH traded down $0.90 during midday trading on Friday, hitting $106.78. 1,116,112 shares of the stock were exchanged, compared to its average volume of 1,793,109. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.90. The company has a market capitalization 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. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The business has a 50-day moving average price of $110.36 and a two-hundred day moving average price of $116.08.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.02. The company had revenue of $2.97 billion for the quarter, compared to analysts' expectations 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 revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 earnings per share. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

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

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.