Inceptionr LLC Sells 4,438 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Inceptionr LLC cut its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 54.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,676 shares of the business services provider’s stock after selling 4,438 shares during the quarter. Inceptionr LLC’s holdings in Booz Allen Hamilton were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GW&K Investment Management LLC boosted its position in Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock worth $59,397,000 after buying an additional 3,435 shares during the period. Versor Investments LP acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $933,000. Bridges Investment Management Inc. boosted its position in Booz Allen Hamilton by 19.2% during the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after buying an additional 18,930 shares during the period. Cumberland Partners Ltd boosted its position in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after buying an additional 47,655 shares during the period. Finally, Van ECK Associates Corp boosted its position in Booz Allen Hamilton by 51.7% during the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after buying an additional 324,159 shares during the period. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on BAH. Wells Fargo & Company cut 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 report on Wednesday, February 26th. The Goldman Sachs Group cut their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. UBS Group began coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. Finally, Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a research report on Monday, January 6th. 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 issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Stock Up 7.7 %

Booz Allen Hamilton stock opened at $116.68 on Friday. The company has a quick ratio of 1.57, a current 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. The firm’s fifty day moving average is $125.17 and its 200 day moving average is $145.18. The company has a market capitalization of $14.78 billion, a PE ratio of 17.39, a PEG ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) 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%. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm 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 1.89%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

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.