D.A. Davidson & CO. Has $2.23 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

D.A. Davidson & CO. reduced its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,315 shares of the business services provider’s stock after selling 289 shares during the quarter. D.A. Davidson & CO.’s holdings in Booz Allen Hamilton were worth $2,229,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of BAH. Bogart Wealth LLC boosted its position in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares during the period. Peterson Financial Group Inc. acquired a new position in shares of Booz Allen Hamilton during the third quarter worth about $31,000. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. Roxbury Financial LLC acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $35,000. Finally, Berbice Capital Management LLC acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $39,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $112.27 on Friday. The firm has a market cap of $14.22 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.31 and a beta of 0.55. 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 Holding Co. has a 1-year low of $106.69 and a 1-year high of $190.59. The business’s 50 day moving average is $129.46 and its 200-day moving average is $147.76.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.96%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

BAH has been the subject of several recent research reports. TD Cowen reduced their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Monday, February 3rd. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Truist Financial cut 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. Finally, The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $158.91.

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.