Avantax Advisory Services Inc. Has $995,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Avantax Advisory Services Inc. lessened its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 13.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,731 shares of the business services provider’s stock after selling 1,192 shares during the period. Avantax Advisory Services Inc.’s holdings in Booz Allen Hamilton were worth $995,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BAH. Geode Capital Management LLC grew its stake in Booz Allen Hamilton by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock valued at $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $173,055,000. Bank Julius Baer & Co. Ltd Zurich grew its position in Booz Allen Hamilton by 11.8% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider’s stock valued at $184,347,000 after purchasing an additional 141,541 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after buying an additional 285,621 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its stake in shares of Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock valued at $155,810,000 after buying an additional 32,897 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BAH. The Goldman Sachs Group lowered their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Monday, February 3rd. Finally, TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Trading Down 3.4 %

Shares of BAH stock opened at $112.54 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The firm’s fifty day simple moving average is $122.48 and its 200 day simple moving average is $142.75. The firm has a market capitalization of $14.25 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.95%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

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.