Hedeker Wealth LLC Decreases Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Hedeker Wealth LLC lowered its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAHFree Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 32,949 shares of the business services provider’s stock after selling 656 shares during the quarter. Hedeker Wealth LLC’s holdings in Booz Allen Hamilton were worth $4,241,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Geode Capital Management LLC grew its holdings in shares of Booz Allen Hamilton by 2.5% during 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 purchasing an additional 58,038 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after purchasing an additional 285,621 shares during the period. Eagle Asset Management Inc. grew its holdings 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 period. Captrust Financial Advisors boosted its holdings in Booz Allen Hamilton by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock worth $139,394,000 after acquiring an additional 9,480 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in Booz Allen Hamilton by 30.2% in the 3rd quarter. Janus Henderson Group PLC now owns 631,703 shares of the business services provider’s stock worth $102,809,000 after acquiring an additional 146,420 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $128.98 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market cap of $16.48 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 52-week low of $121.02 and a 52-week high of $190.59. The business’s 50 day moving average is $134.36 and its two-hundred day moving average is $149.88.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last posted 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 70.51% and a net margin of 7.39%. Analysts forecast that Booz Allen Hamilton Holding Co. will post 6.32 EPS 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. Investors of record on Friday, February 14th will be given a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is currently 30.40%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday. TD Cowen decreased their price target 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. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $158.80.

Check Out Our Latest Stock Report on BAH

Booz Allen Hamilton Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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