OLIO Financial Planning reduced its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 37.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,053 shares of the business services provider’s stock after selling 4,281 shares during the quarter. Booz Allen Hamilton comprises 0.2% of OLIO Financial Planning’s investment portfolio, making the stock its 28th biggest holding. OLIO Financial Planning’s holdings in Booz Allen Hamilton were worth $734,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Booz Allen Hamilton by 603.1% in the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock valued at $151,266,000 after acquiring an additional 1,240,689 shares during the period. AQR Capital Management LLC lifted its stake in shares of Booz Allen Hamilton by 288.4% in the first quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after purchasing an additional 1,204,446 shares during the period. 1832 Asset Management L.P. lifted its stake in shares of Booz Allen Hamilton by 78.7% in the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock valued at $153,370,000 after purchasing an additional 646,053 shares during the period. Pacer Advisors Inc. purchased a new stake in Booz Allen Hamilton during the first quarter worth about $59,148,000. Finally, Allspring Global Investments Holdings LLC grew its position in Booz Allen Hamilton by 2,108.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 545,017 shares of the business services provider’s stock worth $58,513,000 after buying an additional 520,339 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.
Booz Allen Hamilton Stock Performance
Shares of BAH stock opened at $101.75 on Wednesday. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The firm has a market capitalization of $12.54 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 1.59 and a beta of 0.45. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The company has a 50 day moving average price of $108.23 and a 200 day moving average price of $109.93.
Booz Allen Hamilton Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 27.03%.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on BAH shares. Barclays reduced their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 28th. Wall Street Zen cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. William Blair raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the stock a “neutral” rating in a research note on Monday, July 28th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus target price of $134.00.
Check Out Our Latest Report on Booz Allen Hamilton
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.
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