World Investment Advisors Sells 714 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

World Investment Advisors lowered its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 10.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,005 shares of the business services provider’s stock after selling 714 shares during the period. World Investment Advisors’ holdings in Booz Allen Hamilton were worth $773,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Norges Bank acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $196,578,000. Raymond James Financial Inc. acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at approximately $173,055,000. JPMorgan Chase & Co. lifted its position in Booz Allen Hamilton by 12.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock valued at $581,516,000 after purchasing an additional 501,725 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Booz Allen Hamilton by 78.8% in the fourth quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider’s stock worth $133,008,000 after buying an additional 455,605 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in Booz Allen Hamilton by 328.1% in the 4th quarter. Teacher Retirement System of Texas now owns 431,043 shares of the business services provider’s stock worth $55,475,000 after purchasing an additional 330,344 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $109.07 on Monday. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-year high of $190.59. The stock’s 50-day moving average is $115.43 and its two-hundred day moving average is $138.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 16.26, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58.

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%. 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 disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.02%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Analysts Set New Price Targets

Several research firms have recently issued reports on BAH. Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research report on Monday, January 6th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group lowered their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $158.27.

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