Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lowered its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 7.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,200 shares of the business services provider's stock after selling 3,700 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Booz Allen Hamilton were worth $4,936,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BAH. GW&K Investment Management LLC raised its stake in Booz Allen Hamilton by 0.7% during the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider's stock worth $59,397,000 after purchasing an additional 3,435 shares during the period. Versor Investments LP acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at $933,000. FIL Ltd boosted its holdings in shares of Booz Allen Hamilton by 63.3% in the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock valued at $19,735,000 after buying an additional 59,440 shares in the last quarter. Bridges Investment Management Inc. boosted its holdings in shares of Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock valued at $15,143,000 after buying an additional 18,930 shares in the last quarter. Finally, Cumberland Partners Ltd boosted its stake in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock worth $12,784,000 after purchasing an additional 47,655 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Down 0.2%

Shares of BAH traded down $0.23 during midday trading on Thursday, hitting $101.99. The company had a trading volume of 1,382,556 shares, compared to its average volume of 1,706,536. The company's 50 day moving average price is $113.68 and its 200 day moving average price is $119.68. The stock has a market cap of $12.67 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 1.59 and a beta of 0.49. Booz Allen Hamilton Holding Corporation has a 52 week low of $99.13 and a 52 week high of $190.59. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 3.90.

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 EPS for the quarter, beating the consensus estimate of $1.59 by $0.02. Booz Allen Hamilton had a net margin of 7.81% and a return on equity of 72.35%. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period in the previous year, the business posted $1.33 EPS. The company's quarterly revenue was up 7.3% on a year-over-year basis. On average, equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Wednesday, June 11th. Booz Allen Hamilton's payout ratio is 30.34%.

Analysts Set New Price Targets

A number of brokerages have commented on BAH. UBS Group upped their price objective on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, Wall Street Zen lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Booz Allen Hamilton has an average rating of "Hold" and an average price target of $136.90.

Booz Allen Hamilton Company 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.