Hsbc Holdings PLC Reduces Holdings in Booz Allen Hamilton Holding Corporation $BAH

Hsbc Holdings PLC lowered its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 23.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,831 shares of the business services provider’s stock after selling 27,802 shares during the period. Hsbc Holdings PLC’s holdings in Booz Allen Hamilton were worth $7,612,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of BAH. Rakuten Securities Inc. increased its stake in shares of Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after purchasing an additional 199 shares in the last quarter. Activest Wealth Management raised its position in shares of Booz Allen Hamilton by 141.3% during the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares during the last quarter. Torren Management LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter valued at approximately $26,000. Fulcrum Asset Management LLP purchased a new stake in Booz Allen Hamilton in the 3rd quarter valued at approximately $32,000. Finally, Aventura Private Wealth LLC acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 0.9%

BAH stock opened at $62.71 on Thursday. The company has a 50 day moving average price of $72.83 and a two-hundred day moving average price of $79.92. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a market capitalization of $7.51 billion, a P/E ratio of 9.10, a PEG ratio of 3.62 and a beta of 0.36. Booz Allen Hamilton Holding Corporation has a one year low of $59.50 and a one year high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the company posted $1.61 EPS. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, sell-side analysts expect that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 10th were given a dividend of $0.59 per share. The ex-dividend date was Wednesday, June 10th. This represents a $2.36 annualized dividend and a yield of 3.8%. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research report on Tuesday, May 26th. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a research note on Monday, May 11th. TD Cowen dropped their price objective on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday. Stifel Nicolaus set a $110.00 price objective on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $83.58.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.