Robeco Institutional Asset Management B.V. Has $13.19 Million Stock Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Robeco Institutional Asset Management B.V. decreased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 14.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,092 shares of the business services provider’s stock after selling 20,744 shares during the period. Robeco Institutional Asset Management B.V. owned 0.10% of Booz Allen Hamilton worth $13,187,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in Booz Allen Hamilton by 12.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock worth $581,516,000 after buying an additional 501,725 shares in the last quarter. First Trust Advisors LP lifted its position in Booz Allen Hamilton by 15.3% during the 4th quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider’s stock valued at $360,957,000 after purchasing an additional 371,390 shares during the period. Janus Henderson Group PLC lifted its position in Booz Allen Hamilton by 179.7% during the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider’s stock valued at $227,425,000 after purchasing an additional 1,135,426 shares during the period. Bessemer Group Inc. lifted its position in Booz Allen Hamilton by 15.3% during the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider’s stock valued at $178,853,000 after purchasing an additional 226,761 shares during the period. Finally, Bank of America Corp DE lifted its position in Booz Allen Hamilton by 61.4% during the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider’s stock valued at $199,770,000 after purchasing an additional 590,655 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 $103.15 on Friday. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market cap of $12.81 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 1.60 and a beta of 0.49. The stock has a 50-day moving average of $112.45 and a 200-day moving average of $117.81. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 72.35% and a net margin of 7.81%. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same period in the prior year, the business posted $1.33 EPS. Booz Allen Hamilton’s revenue was up 7.3% on a year-over-year basis. As a group, sell-side analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 11th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a yield of 2.13%. Booz Allen Hamilton’s payout ratio is 30.34%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BAH. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and cut their target price for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Raymond James Financial restated a “market perform” rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Truist Financial cut their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a research report on Monday, April 14th. UBS Group upped their target price on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $134.64.

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.