Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Isthmus Partners LLC

Isthmus Partners LLC decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 91,777 shares of the business services provider’s stock after selling 546 shares during the quarter. Isthmus Partners LLC’s holdings in Booz Allen Hamilton were worth $11,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Farther Finance Advisors LLC increased its position in shares of Booz Allen Hamilton by 22.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock worth $141,000 after purchasing an additional 161 shares during the last quarter. QRG Capital Management Inc. increased its position in shares of Booz Allen Hamilton by 12.4% during the third quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock valued at $569,000 after acquiring an additional 387 shares during the last quarter. Amalgamated Bank raised its stake in shares of Booz Allen Hamilton by 14.2% in the 3rd quarter. Amalgamated Bank now owns 9,881 shares of the business services provider’s stock valued at $1,608,000 after acquiring an additional 1,228 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 32.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,323 shares of the business services provider’s stock worth $378,000 after acquiring an additional 569 shares during the last quarter. Finally, Equitable Trust Co. boosted its position in shares of Booz Allen Hamilton by 43.1% during the 3rd quarter. Equitable Trust Co. now owns 6,083 shares of the business services provider’s stock worth $990,000 after purchasing an additional 1,833 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $116.68 on Monday. The stock has a market cap of $14.78 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a fifty day simple moving average of $125.17 and a 200-day simple moving average of $145.08. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59.

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

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.89%. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is currently 32.79%.

Analysts Set New Price Targets

A number of analysts have issued reports on BAH shares. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. TD Cowen cut their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a report on Monday, February 3rd. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Finally, UBS Group assumed coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price objective for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and an average target price of $158.27.

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.