Natixis Advisors LLC Trims Stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Key Points

• Natixis Advisors LLC reduced its stake in Booz Allen Hamilton by 39.9% during Q1, owning approximately 0.06% of the company valued at about $7.3 million.
• Multiple institutional investors increased their holdings in Booz Allen Hamilton, with Janus Henderson Group boosting its position by 179.7% and Man Group plc by 2,293.2% in Q4.
• Booz Allen Hamilton reported $1.48 earnings per share for the recent quarter, exceeding analyst estimates, despite a 0.6% decrease in year-over-year revenue.

Natixis Advisors LLC reduced its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 39.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,078 shares of the business services provider's stock after selling 46,516 shares during the quarter. Natixis Advisors LLC owned about 0.06% of Booz Allen Hamilton worth $7,329,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of BAH. Janus Henderson Group PLC boosted its position in Booz Allen Hamilton by 179.7% during the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after acquiring an additional 1,135,426 shares in the last quarter. Man Group plc boosted its position in Booz Allen Hamilton by 2,293.2% during the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock valued at $145,224,000 after acquiring an additional 1,081,239 shares in the last quarter. Bank of America Corp DE boosted its position in Booz Allen Hamilton by 61.4% during the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after acquiring an additional 590,655 shares in the last quarter. Pacer Advisors Inc. bought a new stake in Booz Allen Hamilton during the 1st quarter valued at $59,148,000. Finally, Renaissance Technologies LLC boosted its position in Booz Allen Hamilton by 1,111.3% during the 4th quarter. Renaissance Technologies LLC now owns 606,794 shares of the business services provider's stock valued at $78,094,000 after acquiring an additional 556,700 shares in the last quarter. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $111.45 on Tuesday. The firm has a market capitalization of $13.74 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. The business has a fifty day moving average of $105.92 and a 200 day moving average of $113.50. Booz Allen Hamilton Holding Corporation has a 1 year low of $98.95 and a 1 year high of $190.59.

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

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 27.03%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Wall Street Zen cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. raised their price objective on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. Finally, The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their price objective for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target of $134.00.

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.

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