Keybank National Association OH Sells 655 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Keybank National Association OH lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,852 shares of the business services provider’s stock after selling 655 shares during the period. Keybank National Association OH’s holdings in Booz Allen Hamilton were worth $1,268,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Peterson Financial Group Inc. bought a new stake in Booz Allen Hamilton during the third quarter valued at about $31,000. Bogart Wealth LLC grew its holdings 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 purchasing an additional 155 shares during the period. SRS Capital Advisors Inc. grew its holdings in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 232 shares during the period. R Squared Ltd bought a new stake in Booz Allen Hamilton during the fourth quarter valued at about $31,000. Finally, Roxbury Financial LLC bought a new stake in Booz Allen Hamilton during the fourth quarter valued at about $35,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $116.68 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market capitalization of $14.78 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The business’s 50-day moving average is $125.43 and its 200 day moving average is $145.40.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS 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%. On average, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is an increase 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 1.89%. Booz Allen Hamilton’s dividend payout ratio is 32.79%.

Analysts Set New Price Targets

Several research firms have issued reports on BAH. The Goldman Sachs Group cut their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. JPMorgan Chase & Co. lowered their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Truist Financial lowered their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Finally, Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $158.27.

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.