Y.D. More Investments Ltd Sells 386 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Y.D. More Investments Ltd cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 10,540 shares of the business services provider’s stock after selling 386 shares during the period. Y.D. More Investments Ltd’s holdings in Booz Allen Hamilton were worth $1,356,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BAH. Geode Capital Management LLC boosted its holdings in shares of Booz Allen Hamilton by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after buying an additional 58,038 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after acquiring an additional 285,621 shares during the last quarter. Eagle Asset Management Inc. increased its stake in shares of Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after purchasing an additional 32,897 shares during the last quarter. Captrust Financial Advisors lifted its stake in Booz Allen Hamilton by 1.1% in the third quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock valued at $139,394,000 after purchasing an additional 9,480 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Booz Allen Hamilton by 30.2% during the third quarter. Janus Henderson Group PLC now owns 631,703 shares of the business services provider’s stock valued at $102,809,000 after purchasing an additional 146,420 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $131.89 on Wednesday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton Holding Co. has a fifty-two week low of $121.02 and a fifty-two week high of $190.59. The stock has a 50 day moving average price of $135.09 and a two-hundred day moving average price of $150.18. The company has a market capitalization of $16.85 billion, a P/E ratio of 19.66, a PEG ratio of 1.53 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating 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%. Analysts expect that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a $0.55 dividend. This is a positive change 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 1.67%. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s payout ratio is presently 30.40%.

Analyst Ratings Changes

Several equities research analysts have commented on BAH shares. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. cut their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday. The Goldman Sachs Group dropped their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Truist Financial decreased their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. Finally, TD Cowen reduced their target price 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 equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average 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.