CENTRAL TRUST Co Reduces Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

CENTRAL TRUST Co decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 12.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,405 shares of the business services provider’s stock after selling 337 shares during the period. CENTRAL TRUST Co’s holdings in Booz Allen Hamilton were worth $310,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BAH. Algert Global LLC acquired a new stake in shares of Booz Allen Hamilton during the second quarter worth about $434,000. Creative Planning lifted its holdings in shares of Booz Allen Hamilton by 16.7% during the second quarter. Creative Planning now owns 6,727 shares of the business services provider’s stock worth $1,035,000 after purchasing an additional 962 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Booz Allen Hamilton during the second quarter worth about $2,289,000. Diversified Trust Co lifted its holdings in shares of Booz Allen Hamilton by 153.4% during the third quarter. Diversified Trust Co now owns 5,318 shares of the business services provider’s stock worth $866,000 after purchasing an additional 3,219 shares during the period. Finally, Fulton Bank N.A. lifted its holdings in shares of Booz Allen Hamilton by 3.4% during the third quarter. Fulton Bank N.A. now owns 5,761 shares of the business services provider’s stock worth $938,000 after purchasing an additional 189 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 1.9 %

Shares of BAH stock opened at $131.89 on Wednesday. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market cap of $16.85 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.53 and a beta of 0.55. The stock has a 50 day simple moving average of $135.09 and a 200-day simple moving average of $150.18. Booz Allen Hamilton Holding Co. has a 1-year low of $121.02 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 70.51% and a net margin of 7.39%. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is 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 1.67%. Booz Allen Hamilton’s dividend payout ratio is currently 30.40%.

Analyst Ratings Changes

BAH has been the subject of a number of research reports. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday. Finally, TD Cowen decreased their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average price target of $158.80.

About Booz Allen Hamilton

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.