California Public Employees Retirement System Has $103.98 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

California Public Employees Retirement System trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 812,926 shares of the business services provider's stock after selling 23,188 shares during the period. California Public Employees Retirement System owned approximately 0.63% of Booz Allen Hamilton worth $103,981,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Morgan Stanley raised its position in shares of Booz Allen Hamilton by 4.2% during the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider's stock valued at $538,108,000 after buying an additional 199,449 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Booz Allen Hamilton by 19.3% during the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider's stock valued at $497,084,000 after buying an additional 736,404 shares during the last quarter. WCM Investment Management LLC raised its position in shares of Booz Allen Hamilton by 0.9% during the fourth quarter. WCM Investment Management LLC now owns 4,229,460 shares of the business services provider's stock valued at $537,776,000 after buying an additional 39,528 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Booz Allen Hamilton by 30.1% during the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider's stock valued at $324,341,000 after buying an additional 686,318 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in shares of Booz Allen Hamilton by 64.1% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider's stock valued at $217,676,000 after buying an additional 778,437 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Booz Allen Hamilton

In related news, CEO Horacio Rozanski sold 49,000 shares of the firm'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 sale, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares of the company's stock, valued at approximately $3,730,437.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction dated 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 transaction, the chief executive officer now directly owns 557,411 shares of the company's stock, valued at approximately $81,209,208.59. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,568 shares of company stock valued at $8,067,487. 1.76% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. The Goldman Sachs Group upped their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a research report on Monday, January 29th. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a research report on Monday, January 29th. Barclays lowered shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 5th. Jefferies Financial Group increased their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. Finally, Wells Fargo & Company increased their price target on shares of 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. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $145.11.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded down $1.57 during mid-day trading on Wednesday, hitting $144.39. 506,753 shares of the stock were exchanged, compared to its average volume of 616,809. The company has a market cap of $18.73 billion, a P/E ratio of 46.48, a PEG ratio of 1.93 and a beta of 0.53. The stock's fifty day simple moving average is $146.01 and its two-hundred day simple moving average is $134.66. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. Booz Allen Hamilton Holding Co. has a twelve month low of $89.80 and a twelve month high of $150.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $2.54 billion. During the same quarter last year, the business posted $1.07 earnings per share. The company's revenue was up 12.9% on a year-over-year basis. As a group, analysts forecast that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were paid a dividend of $0.51 per share. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, February 9th. Booz Allen Hamilton's dividend payout ratio is 65.81%.

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