California Public Employees Retirement System Has $103.98 Million Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

California Public Employees Retirement System lessened its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 812,926 shares of the business services provider’s stock after selling 23,188 shares during the quarter. California Public Employees Retirement System owned approximately 0.63% of Booz Allen Hamilton worth $103,981,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of BAH. Quantbot Technologies LP acquired a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $1,395,000. Morgan Stanley grew its position in shares of Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after purchasing an additional 199,449 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Booz Allen Hamilton by 28.5% in the third quarter. Hsbc Holdings PLC now owns 78,201 shares of the business services provider’s stock valued at $8,558,000 after purchasing an additional 17,362 shares during the last quarter. DNB Asset Management AS grew its position in shares of Booz Allen Hamilton by 11.4% in the fourth quarter. DNB Asset Management AS now owns 157,632 shares of the business services provider’s stock valued at $20,163,000 after purchasing an additional 16,176 shares during the last quarter. Finally, Helios Capital Management PTE. Ltd. acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $1,804,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Buying and Selling at Booz Allen Hamilton

In other news, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction on Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the sale, the chief operating officer now directly owns 71,656 shares of the company’s stock, valued at approximately $10,023,241.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the sale, the chief operating officer now directly owns 71,656 shares of the company’s stock, valued at $10,023,241.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of the business’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The disclosure for this sale can be found here. Insiders sold a total of 55,568 shares of company stock valued at $8,067,487 in the last three months. Company insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on BAH. Wells Fargo & Company boosted their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. Jefferies Financial Group upped their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Barclays cut Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th. JPMorgan Chase & Co. upped their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. Finally, The Goldman Sachs Group upped their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $145.11.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $145.96 on Wednesday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $89.80 and a fifty-two week high of $150.59. The firm’s 50-day simple moving average is $145.98 and its 200 day simple moving average is $134.47. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market cap of $18.94 billion, a price-to-earnings ratio of 47.08, a PEG ratio of 1.93 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 26th. The business services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter last year, the firm earned $1.07 EPS. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. As a group, research analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.40%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 65.81%.

Booz Allen Hamilton 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.