Universal Beteiligungs und Servicegesellschaft mbH Trims Stock Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Booz Allen Hamilton by 30.2%, now holding 63,504 shares valued at approximately $6.64 million.
• Other institutional investors have also increased their holdings, with LPL Financial raising their position by 17.1% and JPMorgan Chase & Co. increasing by 12.5%.
• Analysts have diverse opinions on Booz Allen Hamilton, with prices targets ranging from $94.00 to $134.64, reflecting a consensus rating of "Hold."

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 30.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,504 shares of the business services provider's stock after selling 27,522 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Booz Allen Hamilton worth $6,641,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BAH. LPL Financial LLC raised its position in Booz Allen Hamilton by 17.1% in the 4th quarter. LPL Financial LLC now owns 107,690 shares of the business services provider's stock valued at $13,860,000 after purchasing an additional 15,756 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Booz Allen Hamilton by 6.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 91,915 shares of the business services provider's stock worth $12,126,000 after buying an additional 5,651 shares during the last quarter. Elo Mutual Pension Insurance Co raised its position in Booz Allen Hamilton by 26.4% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 14,536 shares of the business services provider's stock worth $1,871,000 after buying an additional 3,037 shares during the last quarter. JPMorgan Chase & Co. raised its position in Booz Allen Hamilton by 12.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock worth $581,516,000 after buying an additional 501,725 shares during the last quarter. Finally, Norges Bank purchased a new position in Booz Allen Hamilton during the 4th quarter worth $196,578,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on BAH shares. Stifel Nicolaus started coverage on shares of Booz Allen Hamilton in a research report on Tuesday, June 24th. They set a "hold" rating and a $112.00 price objective for the company. Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. The Goldman Sachs Group cut shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their price target for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Raymond James Financial reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Finally, William Blair raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and a consensus target price of $134.64.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $113.13 on Friday. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 1.77 and a beta of 0.48. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The company's 50-day moving average price is $107.54 and its 200 day moving average price is $114.73. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.90.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. The firm had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.96 billion. Booz Allen Hamilton had a net margin of 7.81% and a return on equity of 72.35%. The firm's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company earned $1.38 EPS. As a group, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared 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. This represents a $2.20 annualized dividend and a dividend yield of 1.94%. Booz Allen Hamilton's dividend 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.

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