US Bancorp DE Trims Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

US Bancorp DE lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 101,984 shares of the business services provider’s stock after selling 6,691 shares during the period. US Bancorp DE’s holdings in Booz Allen Hamilton were worth $13,126,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BAH. Farther Finance Advisors LLC boosted its holdings in Booz Allen Hamilton by 22.9% in the third quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock valued at $141,000 after purchasing an additional 161 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Booz Allen Hamilton by 80.0% in the third quarter. Harbor Capital Advisors Inc. now owns 16,411 shares of the business services provider’s stock valued at $2,671,000 after purchasing an additional 7,292 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 34.8% during the 3rd quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider’s stock worth $102,437,000 after buying an additional 162,083 shares during the last quarter. National Pension Service lifted its holdings in Booz Allen Hamilton by 3.7% during the 3rd quarter. National Pension Service now owns 204,866 shares of the business services provider’s stock worth $33,344,000 after buying an additional 7,222 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its holdings in Booz Allen Hamilton by 12.4% during the 3rd quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock worth $569,000 after buying an additional 387 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on BAH. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Barclays raised 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. Finally, StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Stock Down 3.2 %

BAH opened at $102.65 on Tuesday. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. 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 stock has a market cap of $13.00 billion, a P/E ratio of 15.30, a P/E/G ratio of 1.25 and a beta of 0.55. The stock’s 50 day moving average price is $127.31 and its 200 day moving average price is $146.53.

Booz Allen Hamilton (NYSE:BAH) last posted 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 return on equity of 68.97% and a net margin of 7.39%. As a group, research analysts predict 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 announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be given a $0.55 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 2.14%. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.