Orion Portfolio Solutions LLC Cuts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Orion Portfolio Solutions LLC trimmed its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 14.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 22,652 shares of the business services provider’s stock after selling 3,877 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Booz Allen Hamilton were worth $2,915,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BAH. GW&K Investment Management LLC lifted its stake in Booz Allen Hamilton by 0.7% in the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after buying an additional 3,435 shares in the last quarter. Versor Investments LP acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter worth approximately $933,000. Bridges Investment Management Inc. increased its position in shares of Booz Allen Hamilton by 19.2% during the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after purchasing an additional 18,930 shares in the last quarter. Cumberland Partners Ltd raised 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 purchasing an additional 47,655 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock valued at $122,472,000 after purchasing an additional 324,159 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $104.84 on Tuesday. The stock has a fifty day simple moving average of $117.73 and a 200-day simple moving average of $139.89. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market cap of $13.28 billion, a PE ratio of 15.63, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating 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 analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.10%. This is a boost 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 is 32.79%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on BAH shares. UBS Group initiated coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Barclays upgraded 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. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus target price of $158.27.

About Booz Allen Hamilton

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.