Northwest Financial Advisors Decreases Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Northwest Financial Advisors decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 9.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,201 shares of the business services provider’s stock after selling 871 shares during the period. Northwest Financial Advisors’ holdings in Booz Allen Hamilton were worth $858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Matrix Trust Co boosted its holdings in Booz Allen Hamilton by 78.3% in the 1st quarter. Matrix Trust Co now owns 1,325 shares of the business services provider’s stock worth $139,000 after buying an additional 582 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of Booz Allen Hamilton in the first quarter valued at approximately $839,000. NBC Securities Inc. purchased a new position in shares of Booz Allen Hamilton in the first quarter valued at approximately $35,000. Wallace Advisory Group LLC lifted its holdings in Booz Allen Hamilton by 13.3% in the 1st quarter. Wallace Advisory Group LLC now owns 3,815 shares of the business services provider’s stock valued at $399,000 after purchasing an additional 449 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Booz Allen Hamilton by 7,839.8% in the 1st quarter. GAMMA Investing LLC now owns 209,055 shares of the business services provider’s stock valued at $21,863,000 after purchasing an additional 206,422 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BAH shares. UBS Group raised their price objective on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, May 19th. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Raymond James reissued a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $108.00 to $94.00 in a research note on Wednesday, May 28th. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $136.90.

Booz Allen Hamilton Stock Down 0.4%

BAH stock opened at $102.12 on Friday. The firm has a market cap of $12.68 billion, a PE ratio of 15.22, a PEG ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The firm’s 50 day moving average price is $115.00 and its 200-day moving average price is $122.77. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.02. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.03 billion. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.33 earnings per share. On average, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Wednesday, June 11th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 30.34%.

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.