XTX Topco Ltd Sells 6,021 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

XTX Topco Ltd decreased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 58.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,322 shares of the business services provider’s stock after selling 6,021 shares during the period. XTX Topco Ltd’s holdings in Booz Allen Hamilton were worth $556,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its holdings in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC raised its stake in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 134 shares during the period. SRS Capital Advisors Inc. lifted its holdings in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 232 shares during the last quarter. Finally, R Squared Ltd bought a new position in Booz Allen Hamilton during the fourth quarter worth about $31,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $113.70 on Friday. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-year high of $190.59. 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’s 50-day moving average is $110.74 and its 200 day moving average is $134.67. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, sell-side analysts anticipate 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.93%. 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. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analyst Weigh In

Several research analysts recently commented on BAH shares. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective 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 report on Tuesday, February 25th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a report on Tuesday, April 15th. Finally, Wells Fargo & Company reduced their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $146.45.

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.