Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Forte Capital LLC ADV

Forte Capital LLC ADV decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,417 shares of the business services provider’s stock after selling 1,317 shares during the quarter. Forte Capital LLC ADV’s holdings in Booz Allen Hamilton were worth $3,786,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new position in Booz Allen Hamilton during the third quarter valued at about $31,000. Bogart Wealth LLC boosted its stake in Booz Allen Hamilton by 387.5% during 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 in the last quarter. R Squared Ltd bought a new position in Booz Allen Hamilton during the fourth quarter valued at about $31,000. Roxbury Financial LLC bought a new position in Booz Allen Hamilton during the fourth quarter valued at about $35,000. Finally, Berbice Capital Management LLC bought a new position in Booz Allen Hamilton during the fourth quarter valued at about $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on BAH shares. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. Cantor Fitzgerald initiated coverage on Booz Allen Hamilton in a research note on Friday, February 7th. They set an “overweight” rating and a $160.00 target price for the company. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, Truist Financial decreased their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.91.

Booz Allen Hamilton Stock Down 3.6 %

Shares of Booz Allen Hamilton stock opened at $113.54 on Friday. The firm has a market cap of $14.38 billion, a price-to-earnings ratio of 16.92, a P/E/G ratio of 1.32 and a beta of 0.55. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 52-week low of $110.57 and a 52-week high of $190.59. The stock has a 50-day simple moving average of $129.90 and a 200-day simple moving average of $147.98.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly 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 return on equity of 68.97% and a net margin of 7.39%. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company 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. This represents a $2.20 annualized dividend and a dividend yield of 1.94%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s payout ratio is currently 32.79%.

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.