California State Teachers Retirement System Has $26.15 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

California State Teachers Retirement System reduced its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 203,172 shares of the business services provider's stock after selling 20,329 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Booz Allen Hamilton worth $26,148,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Bogart Wealth LLC boosted its position in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its holdings in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after purchasing an additional 134 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after buying an additional 232 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at $31,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Down 2.7%

Shares of BAH stock traded down $2.91 during trading hours on Monday, reaching $103.34. The company had a trading volume of 1,359,833 shares, compared to its average volume of 1,636,897. The company has a 50 day moving average of $115.19 and a 200 day moving average of $123.63. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $12.83 billion, a price-to-earnings ratio of 15.40, a P/E/G ratio of 1.25 and a beta of 0.56. 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 data on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.59 by $0.02. The business 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 68.97% and a net margin of 7.39%. The firm's 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, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 11th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $2.20 annualized dividend and a yield of 2.13%. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 30.34%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BAH shares. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Wells Fargo & Company reduced their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday, May 23rd. The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and reduced their price objective for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, Truist Financial reduced their price objective on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $136.90.

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.