World Investment Advisors Sells 714 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

World Investment Advisors reduced its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,005 shares of the business services provider’s stock after selling 714 shares during the quarter. World Investment Advisors’ holdings in Booz Allen Hamilton were worth $773,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. GW&K Investment Management LLC raised its holdings in shares of Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after buying an additional 3,435 shares in the last quarter. Versor Investments LP purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $933,000. Bridges Investment Management Inc. boosted its holdings in Booz Allen Hamilton by 19.2% in the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock valued at $15,143,000 after acquiring an additional 18,930 shares in the last quarter. Cumberland Partners Ltd boosted its stake in shares of Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock valued at $12,784,000 after purchasing an additional 47,655 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Booz Allen Hamilton by 51.7% during the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after acquiring an additional 324,159 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $109.07 on Monday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. The stock’s 50 day simple moving average is $115.43 and its two-hundred day simple moving average is $138.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results 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, equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.02%. Booz Allen Hamilton’s dividend payout ratio 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.