HighTower Advisors LLC Sells 97 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

HighTower Advisors LLC cut its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,773 shares of the business services provider’s stock after selling 97 shares during the quarter. HighTower Advisors LLC’s holdings in Booz Allen Hamilton were worth $7,435,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bogart Wealth LLC increased its stake in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after buying an additional 155 shares during the period. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $25,000. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $31,000. SRS Capital Advisors Inc. increased its stake in shares of Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after buying an additional 232 shares during the period. Finally, Roxbury Financial LLC acquired a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $35,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $116.52 on Wednesday. The business’s fifty day simple moving average is $122.83 and its 200 day simple moving average is $142.96. The firm has a market capitalization of $14.76 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72.

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 analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BAH shares. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. The Goldman Sachs Group decreased their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Truist Financial cut their price target on 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, Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Company 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.