Foster & Motley Inc. decreased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 12.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,524 shares of the business services provider’s stock after selling 762 shares during the quarter. Foster & Motley Inc.’s holdings in Booz Allen Hamilton were worth $575,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its position in Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after buying an additional 149 shares in the last quarter. WPG Advisers LLC purchased a new position in Booz Allen Hamilton during the first quarter worth approximately $35,000. Ransom Advisory Ltd purchased a new position in Booz Allen Hamilton during the first quarter worth approximately $35,000. Banque Cantonale Vaudoise purchased a new position in Booz Allen Hamilton during the first quarter worth approximately $37,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in Booz Allen Hamilton in the second quarter valued at $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Price Performance
BAH stock opened at $98.09 on Monday. Booz Allen Hamilton Holding Corporation has a 12-month low of $95.00 and a 12-month high of $190.59. The company has a market capitalization of $12.09 billion, a PE ratio of 12.05, a P/E/G ratio of 1.53 and a beta of 0.42. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The business’s fifty day moving average price is $103.85 and its 200 day moving average price is $108.48.
Booz Allen Hamilton Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is presently 27.03%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. Cowen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the company a “neutral” rating in a research report on Monday, July 28th. Finally, Stifel Nicolaus boosted their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $129.45.
Booz Allen Hamilton 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.
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