Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Invesco Ltd.

Invesco Ltd. cut its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 800,187 shares of the business services provider’s stock after selling 103,263 shares during the period. Invesco Ltd. owned approximately 0.63% of Booz Allen Hamilton worth $102,984,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Barclays PLC raised its position in Booz Allen Hamilton by 17.1% in the third quarter. Barclays PLC now owns 101,365 shares of the business services provider’s stock valued at $16,497,000 after purchasing an additional 14,826 shares during the period. Toronto Dominion Bank boosted its stake in Booz Allen Hamilton by 29.6% during the third quarter. Toronto Dominion Bank now owns 16,909 shares of the business services provider’s stock worth $2,752,000 after buying an additional 3,863 shares during the period. Sunbelt Securities Inc. increased its position in shares of Booz Allen Hamilton by 41.8% during the third quarter. Sunbelt Securities Inc. now owns 1,358 shares of the business services provider’s stock valued at $221,000 after acquiring an additional 400 shares during the last quarter. Anchor Investment Management LLC lifted its holdings in shares of Booz Allen Hamilton by 865.7% in the 3rd quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider’s stock worth $105,000 after acquiring an additional 580 shares during the last quarter. Finally, World Investment Advisors LLC boosted its position in shares of Booz Allen Hamilton by 26.1% during the 3rd quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider’s stock worth $1,094,000 after purchasing an additional 1,390 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the subject of several research analyst reports. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. TD Cowen reduced their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average target price of $152.36.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $108.42 on Monday. The stock’s 50-day simple moving average is $112.29 and its 200-day simple moving average is $136.22. 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 has a market capitalization of $13.73 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.03%. Booz Allen Hamilton’s dividend payout ratio is 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.