Petra Financial Advisors Inc. Has $630,000 Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Petra Financial Advisors Inc. decreased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,897 shares of the business services provider’s stock after selling 139 shares during the quarter. Petra Financial Advisors Inc.’s holdings in Booz Allen Hamilton were worth $630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. grew its holdings in shares of Booz Allen Hamilton by 3.3% during the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after buying an additional 59 shares in the last quarter. Moody Aldrich Partners LLC grew its holdings in shares of Booz Allen Hamilton by 4.7% during the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock worth $214,000 after buying an additional 74 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after buying an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after buying an additional 82 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in shares of Booz Allen Hamilton by 5.5% during the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock worth $271,000 after buying an additional 86 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BAH shares. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a research note on Monday, January 6th. JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Finally, Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $115.18 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The stock has a 50 day moving average of $123.08 and a 200-day moving average of $143.26. The company has a market capitalization of $14.59 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.91%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

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.