Aviva PLC Has $82.51 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aviva PLC trimmed its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 26.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 641,097 shares of the business services provider’s stock after selling 232,386 shares during the period. Aviva PLC owned about 0.51% of Booz Allen Hamilton worth $82,509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bogart Wealth LLC increased 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 worth $25,000 after buying an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its holdings in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 134 shares in the last quarter. R Squared Ltd bought a new stake in Booz Allen Hamilton during the fourth quarter worth about $31,000. Finally, SRS Capital Advisors Inc. boosted its position in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after acquiring an additional 232 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 2.4 %

Shares of NYSE:BAH opened at $109.07 on Friday. The stock’s fifty day moving average price is $115.43 and its 200-day moving average price is $138.81. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. The company has a market cap of $13.81 billion, a P/E ratio of 16.26, a PEG ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.02%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Analyst Ratings Changes

BAH has been the topic of several research reports. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research report on Monday, January 6th. The Goldman Sachs Group lowered 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. TD Cowen dropped their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus 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.