Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 18.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 37,757 shares of the business services provider’s stock after selling 8,386 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Booz Allen Hamilton were worth $3,774,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Roundview Capital LLC raised its stake in shares of Booz Allen Hamilton by 0.3% in the 2nd quarter. Roundview Capital LLC now owns 37,258 shares of the business services provider’s stock valued at $3,880,000 after acquiring an additional 99 shares during the period. Greenleaf Trust boosted its position in Booz Allen Hamilton by 5.2% during the 3rd quarter. Greenleaf Trust now owns 2,082 shares of the business services provider’s stock worth $208,000 after purchasing an additional 102 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in Booz Allen Hamilton by 26.7% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 493 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 104 shares in the last quarter. West Branch Capital LLC raised its position in Booz Allen Hamilton by 58.3% in the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 105 shares during the period. Finally, Security National Bank of SO Dak lifted its stake in shares of Booz Allen Hamilton by 0.6% during the third quarter. Security National Bank of SO Dak now owns 18,184 shares of the business services provider’s stock worth $1,817,000 after purchasing an additional 110 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Booz Allen Hamilton Stock Performance
Shares of BAH opened at $91.03 on Thursday. The firm has a market cap of $10.98 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 5.26 and a beta of 0.34. The company has a quick ratio of 1.76, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The business’s 50 day moving average is $88.93 and its two-hundred day moving average is $96.88. Booz Allen Hamilton Holding Corporation has a 52-week low of $79.23 and a 52-week high of $134.27.
Booz Allen Hamilton Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.6%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, February 13th. Booz Allen Hamilton’s payout ratio is 32.69%.
Wall Street Analysts Forecast Growth
BAH has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating for the company in a research report on Monday, October 27th. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $93.00 to $80.00 and set a “sell” rating for the company in a report on Monday, October 27th. Truist Financial set a $98.00 price objective on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. TD Cowen lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday, October 17th. Finally, Bank of America downgraded shares of Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price for the company. in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $108.93.
Check Out Our Latest Stock Report on BAH
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.
Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.
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