Two Sigma Investments LP Sells 10,984 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Two Sigma Investments LP reduced its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,450 shares of the business services provider's stock after selling 10,984 shares during the period. Two Sigma Investments LP's holdings in Booz Allen Hamilton were worth $7,780,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BAH shares. Raymond James reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Wells Fargo & Company lowered their target price on shares of 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. Truist Financial reduced their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Finally, Barclays dropped their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $136.90.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded up $0.01 during midday trading on Friday, hitting $105.73. The company had a trading volume of 333,525 shares, compared to its average volume of 1,625,003. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The company has a fifty day moving average of $115.20 and a two-hundred day moving average of $124.69. The company has a market cap of $13.13 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.33 EPS. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

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