Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 39.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 72,088 shares of the business services provider's stock after selling 46,984 shares during the quarter. Stifel Financial Corp owned about 0.06% of Booz Allen Hamilton worth $9,278,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. GW&K Investment Management LLC boosted its stake in Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider's stock worth $59,397,000 after purchasing an additional 3,435 shares during the period. Versor Investments LP purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $933,000. FIL Ltd raised its stake in Booz Allen Hamilton by 63.3% during the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock valued at $19,735,000 after acquiring an additional 59,440 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in shares of Booz Allen Hamilton by 19.2% in the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock valued at $15,143,000 after purchasing an additional 18,930 shares during the period. Finally, Cumberland Partners Ltd increased its stake in Booz Allen Hamilton by 92.2% in the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock valued at $12,784,000 after buying an additional 47,655 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target on the stock in a research note on Monday, February 3rd. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a report on Monday, January 6th. Truist Financial decreased 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 report on Monday, April 14th. JPMorgan Chase & Co. cut their target price on shares of 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. Finally, William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Trading Up 0.1 %

Shares of BAH traded up $0.14 during trading hours on Friday, hitting $119.67. The stock had a trading volume of 1,228,272 shares, compared to its average volume of 1,532,041. The firm has a market cap of $15.16 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The company's fifty day simple moving average is $110.96 and its 200 day simple moving average is $132.17.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.79%.

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.