Wilson Asset Management International PTY Ltd. Sells 36,258 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Wilson Asset Management International PTY Ltd. cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 25.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,610 shares of the business services provider’s stock after selling 36,258 shares during the quarter. Booz Allen Hamilton makes up 3.5% of Wilson Asset Management International PTY Ltd.’s portfolio, making the stock its 15th largest position. Wilson Asset Management International PTY Ltd.’s holdings in Booz Allen Hamilton were worth $13,463,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BAH. GW&K Investment Management LLC raised its holdings in shares of Booz Allen Hamilton by 0.7% in 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 purchasing an additional 3,435 shares during the period. Versor Investments LP bought a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at about $933,000. Bridges Investment Management Inc. raised its holdings in shares of Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock valued at $15,143,000 after purchasing an additional 18,930 shares during the period. Cumberland Partners Ltd raised its holdings in shares of Booz Allen Hamilton by 92.2% in 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 during the period. Finally, Van ECK Associates Corp raised its holdings in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock valued at $122,472,000 after purchasing an additional 324,159 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $109.90 on Wednesday. The company’s 50 day moving average price is $124.85 and its two-hundred day moving average price is $144.79. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59. The firm has a market cap of $13.92 billion, a PE ratio of 16.38, a PEG ratio of 1.25 and a beta of 0.56. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BAH shares. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a report on Monday, January 6th. JPMorgan Chase & Co. dropped their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. TD Cowen dropped 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. Truist Financial lowered their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Finally, Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $158.27.

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.