QSV Equity Investors LLC Trims Stake in Booz Allen Hamilton Holding Corporation $BAH

QSV Equity Investors LLC reduced its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 29.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,479 shares of the business services provider’s stock after selling 1,055 shares during the period. QSV Equity Investors LLC’s holdings in Booz Allen Hamilton were worth $259,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Northern Trust Corp lifted its stake in Booz Allen Hamilton by 0.4% in the first quarter. Northern Trust Corp now owns 709,864 shares of the business services provider’s stock worth $74,238,000 after purchasing an additional 3,072 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 149 shares during the last quarter. Versor Investments LP raised its stake in shares of Booz Allen Hamilton by 18.3% during the first quarter. Versor Investments LP now owns 8,569 shares of the business services provider’s stock valued at $896,000 after acquiring an additional 1,323 shares during the last quarter. Weik Capital Management raised its stake in shares of Booz Allen Hamilton by 32.4% during the first quarter. Weik Capital Management now owns 8,319 shares of the business services provider’s stock valued at $870,000 after acquiring an additional 2,035 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Booz Allen Hamilton by 48.5% during the first quarter. American Century Companies Inc. now owns 139,243 shares of the business services provider’s stock valued at $14,562,000 after acquiring an additional 45,470 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $109.49 on Monday. 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 quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The firm has a fifty day simple moving average of $106.91 and a two-hundred day simple moving average of $111.96. The stock has a market capitalization of $13.49 billion, a P/E ratio of 13.45, a PEG ratio of 1.72 and a beta of 0.47.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.03. The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company earned $1.38 EPS. On average, analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders 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 annualized dividend and a dividend yield of 2.0%. Booz Allen Hamilton’s payout ratio is currently 27.03%.

Analyst Ratings Changes

Several equities analysts have recently commented on BAH shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. UBS Group set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. Barclays cut their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 28th. Finally, Wall Street Zen downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Saturday, May 24th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average target price of $134.00.

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.