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

D.A. Davidson & CO. lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. 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 filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of BAH. Van ECK Associates Corp boosted its stake in Booz Allen Hamilton by 51.7% in the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after purchasing an additional 324,159 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in Booz Allen Hamilton in the third quarter worth $48,349,000. 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 worth $209,651,000 after purchasing an additional 285,621 shares in the last quarter. FMR LLC boosted its stake in Booz Allen Hamilton by 111.6% in the third quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock worth $58,077,000 after purchasing an additional 188,185 shares in the last quarter. Finally, KBC Group NV boosted its stake in Booz Allen Hamilton by 1,207.8% in the fourth quarter. KBC Group NV now owns 189,899 shares of the business services provider’s stock worth $24,440,000 after purchasing an additional 175,378 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BAH shares. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. The Goldman Sachs Group cut their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. TD Cowen cut their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $158.91.

Booz Allen Hamilton Trading Down 1.2 %

NYSE BAH opened at $112.27 on Friday. The stock has a 50-day simple moving average of $129.46 and a 200 day simple moving average of $147.76. The company has a market capitalization of $14.22 billion, a PE ratio of 16.73, a P/E/G 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 12 month low of $106.69 and a 12 month high of $190.59.

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, topping 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%. Research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be issued a $0.55 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is 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.