Two Sigma Investments LP Has $7.78 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Two Sigma Investments LP lowered its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 15.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,450 shares of the business services provider's stock after selling 10,984 shares during the quarter. Two Sigma Investments LP's holdings in Booz Allen Hamilton were worth $7,780,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BAH. Norges Bank bought a new stake in Booz Allen Hamilton during the 4th quarter worth about $196,578,000. Raymond James Financial Inc. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $173,055,000. Janus Henderson Group PLC raised its stake in shares of Booz Allen Hamilton by 179.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after buying an additional 1,135,426 shares during the last quarter. Man Group plc lifted its holdings in Booz Allen Hamilton by 2,293.2% in the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock valued at $145,224,000 after buying an additional 1,081,239 shares during the period. Finally, Bank of America Corp DE boosted its stake in Booz Allen Hamilton by 61.4% in the fourth 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 during the last quarter. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Up 1.1%

NYSE BAH traded up $1.11 during trading hours on Thursday, reaching $105.77. 1,568,067 shares of the company's stock were exchanged, compared to its average volume of 2,468,963. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $13.14 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company's 50-day moving average is $115.19 and its two-hundred day moving average is $125.23. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59.

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 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analysts' expectations of $3.03 billion. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The business's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.33 earnings per share. On average, analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.08%. Booz Allen Hamilton's dividend payout ratio (DPR) is 30.34%.

Wall Street Analysts Forecast Growth

BAH has been the topic of a number of analyst reports. Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. The Goldman Sachs Group lowered Booz Allen Hamilton from a "neutral" rating to a "sell" rating and cut their target price for the company from $108.00 to $94.00 in a research note on Wednesday. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Barclays lowered their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday. Finally, Truist Financial reduced their price objective on shares of 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 equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus price target of $136.90.

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.