Robeco Institutional Asset Management B.V. Has $13.19 Million Stock Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Robeco Institutional Asset Management B.V. lessened its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 14.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 126,092 shares of the business services provider's stock after selling 20,744 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.10% of Booz Allen Hamilton worth $13,187,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of Booz Allen Hamilton in the 4th quarter worth approximately $196,578,000. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $173,055,000. Janus Henderson Group PLC grew its stake in Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after purchasing an additional 1,135,426 shares in the last quarter. Man Group plc increased its position in Booz Allen Hamilton by 2,293.2% in the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after purchasing an additional 1,081,239 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of 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 worth $199,770,000 after purchasing an additional 590,655 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Barclays lowered their price objective 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. Stifel Nicolaus assumed coverage on shares of Booz Allen Hamilton in a research note on Tuesday, June 24th. They issued a "hold" rating and a $112.00 price objective for the company. The Goldman Sachs Group downgraded shares of 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. Wells Fargo & Company reduced 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 research report on Friday, May 23rd. Finally, Truist Financial dropped their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $134.64.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock traded up $1.28 during mid-day trading on Monday, hitting $104.14. 2,710,402 shares of the company's stock traded hands, compared to its average volume of 1,749,498. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 1.60 and a beta of 0.49. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59. The firm has a 50 day simple moving average of $112.45 and a two-hundred day simple moving average of $117.69.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the firm earned $1.33 earnings per share. Booz Allen Hamilton's revenue for the quarter was up 7.3% compared to the same quarter last year. On average, research analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 11th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend was Wednesday, June 11th. Booz Allen Hamilton's payout ratio is currently 30.34%.

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.