Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 17.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,777 shares of the business services provider’s stock after selling 12,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Booz Allen Hamilton were worth $7,693,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bogart Wealth LLC lifted its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in Booz Allen Hamilton during the third quarter worth approximately $31,000. R Squared Ltd acquired a new position in Booz Allen Hamilton during the fourth quarter worth $31,000. Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter valued at $35,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter worth $39,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Down 0.1 %

Shares of NYSE BAH opened at $112.17 on Tuesday. The stock has a fifty day simple moving average of $128.99 and a 200-day simple moving average of $147.54. Booz Allen Hamilton Holding Co. has a twelve month low of $106.69 and a twelve month 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 has a market capitalization of $14.21 billion, a PE ratio of 16.72, a PEG ratio of 1.26 and a beta of 0.55.

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

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BAH. 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 report on Monday, February 3rd. TD Cowen dropped their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, UBS Group initiated coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $158.91.

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.