Copeland Capital Management LLC Lowers Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Copeland Capital Management LLC reduced its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 298,469 shares of the business services provider's stock after selling 15,001 shares during the quarter. Copeland Capital Management LLC owned about 0.23% of Booz Allen Hamilton worth $38,177,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janiczek Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the third quarter worth about $25,000. VisionPoint Advisory Group LLC grew its position in Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider's stock worth $30,000 after buying an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Booz Allen Hamilton during the third quarter worth about $31,000. BKM Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the fourth quarter worth about $40,000. Finally, DHJJ Financial Advisors Ltd. acquired a new stake in Booz Allen Hamilton during the third quarter worth about $34,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH traded up $0.22 during trading on Friday, reaching $148.44. The stock had a trading volume of 418,267 shares, compared to its average volume of 513,403. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $150.59. The business's 50-day moving average price is $144.71 and its 200 day moving average price is $130.75. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. The stock has a market capitalization of $19.26 billion, a PE ratio of 47.88, a P/E/G ratio of 2.18 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The company had revenue of $2.57 billion during the quarter, compared to analysts' expectations of $2.54 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. Booz Allen Hamilton's quarterly revenue was up 12.9% compared to the same quarter last year. As a group, equities analysts predict that Booz Allen Hamilton Holding Co. will post 5.41 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.37%. The ex-dividend date was Friday, February 9th. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.47. Booz Allen Hamilton's payout ratio is 65.81%.

Insider Buying and Selling

In related news, COO Kristine Anderson sold 5,068 shares of the business's stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the transaction, the chief operating officer now owns 71,656 shares in the company, valued at approximately $10,023,241.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the company's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the sale, the chief executive officer now owns 557,411 shares in the company, valued at approximately $81,209,208.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of the business's stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the sale, the chief operating officer now directly owns 71,656 shares in the company, valued at $10,023,241.28. The disclosure for this sale can be found here. Insiders sold 55,568 shares of company stock worth $8,067,487 in the last quarter. Insiders own 1.76% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 30th. Barclays downgraded Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a report on Friday, January 5th. The Goldman Sachs Group lifted their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a report on Monday, January 29th. JPMorgan Chase & Co. lifted their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, February 6th. Finally, Truist Financial lifted their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a report on Monday, January 29th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $139.56.

Booz Allen Hamilton 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.