Sequoia Financial Advisors LLC Reduces Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Sequoia Financial Advisors LLC reduced its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,128 shares of the business services provider’s stock after selling 601 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Booz Allen Hamilton were worth $274,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BAH. Bogart Wealth LLC increased its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management bought a new position in Booz Allen Hamilton in the 4th quarter worth about $25,000. R Squared Ltd bought a new position in Booz Allen Hamilton in the 4th quarter worth about $31,000. SRS Capital Advisors Inc. increased 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 valued at $31,000 after purchasing an additional 232 shares during the last quarter. Finally, Roxbury Financial LLC bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $35,000. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BAH shares. TD Cowen reduced their price objective on 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. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Stock Down 3.4 %

BAH stock opened at $112.54 on Thursday. Booz Allen Hamilton Holding Co. has a twelve month low of $101.82 and a twelve month high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a market cap of $14.25 billion, a PE ratio of 16.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The business has a 50 day moving average of $122.48 and a 200 day moving average of $142.75.

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, research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.95%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is presently 32.79%.

Booz Allen Hamilton Company Profile

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.