Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 93.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,176 shares of the business services provider’s stock after selling 77,510 shares during the quarter. Hantz Financial Services Inc.’s holdings in Booz Allen Hamilton were worth $437,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Diamond Hill Capital Management Inc. raised its stake in Booz Allen Hamilton by 68.8% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 625,080 shares of the business services provider’s stock valued at $52,732,000 after purchasing an additional 254,795 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Booz Allen Hamilton in the 4th quarter valued at about $259,000. FourThought Financial Partners LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at about $261,000. Global Retirement Partners LLC raised its stake in Booz Allen Hamilton by 68.7% in the 4th quarter. Global Retirement Partners LLC now owns 690 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 281 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in Booz Allen Hamilton in the 4th quarter valued at about $1,750,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 2.3%

Shares of BAH stock opened at $79.17 on Friday. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 4.61 and a beta of 0.32. The company has a quick ratio of 1.81, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $68.83 and a fifty-two week high of $120.04. The firm’s 50 day moving average price is $78.83 and its two-hundred day moving average price is $83.03.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.46. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. Booz Allen Hamilton’s revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.26 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be given a $0.59 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $2.36 annualized dividend and a yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BAH. Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price for the company. Citigroup cut their target price on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday. BNP Paribas Exane began coverage on shares of Booz Allen Hamilton in a research note on Wednesday. They issued a “neutral” rating and a $80.00 target price for the company. Finally, Jefferies Financial Group set a $85.00 target price on shares of Booz Allen Hamilton in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $88.00.

Booz Allen Hamilton 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.