Deutsche Bank AG Decreases Stock Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Deutsche Bank AG decreased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 7.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 432,977 shares of the business services provider’s stock after selling 32,802 shares during the period. Deutsche Bank AG’s holdings in Booz Allen Hamilton were worth $45,281,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in BAH. MassMutual Private Wealth & Trust FSB boosted its stake in Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock valued at $26,000 after buying an additional 105 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $33,000. Versant Capital Management Inc grew its holdings in shares of Booz Allen Hamilton by 627.3% in the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 276 shares in the last quarter. CX Institutional bought a new stake in Booz Allen Hamilton in the first quarter worth $33,000. Finally, Ancora Advisors LLC purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at $34,000. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an “underweight” rating in a research note on Monday, July 28th. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. Raymond James Financial reaffirmed a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Finally, Wall Street Zen downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Saturday, May 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $134.00.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $109.21 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The stock’s fifty day moving average is $106.40 and its two-hundred day moving average is $112.53. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The company has a market capitalization of $13.46 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 1.73 and a beta of 0.47.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.96 billion. During the same period in the prior year, the business posted $1.38 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, 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 company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be issued a $0.55 dividend. The ex-dividend date is Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. Booz Allen Hamilton’s payout ratio is presently 27.03%.

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.