E. Ohman J or Asset Management AB Takes $792,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

E. Ohman J or Asset Management AB purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,150 shares of the business services provider’s stock, valued at approximately $792,000.

Several other large investors have also modified their holdings of BAH. Creative Planning lifted its stake in shares of Booz Allen Hamilton by 16.7% in the 2nd quarter. Creative Planning now owns 6,727 shares of the business services provider’s stock valued at $1,035,000 after purchasing an additional 962 shares during the last quarter. Diversified Trust Co lifted its stake in shares of Booz Allen Hamilton by 153.4% in the 3rd quarter. Diversified Trust Co now owns 5,318 shares of the business services provider’s stock valued at $866,000 after purchasing an additional 3,219 shares during the last quarter. Tilia Fiduciary Partners Inc. lifted its stake in shares of Booz Allen Hamilton by 2.8% in the 3rd quarter. Tilia Fiduciary Partners Inc. now owns 20,327 shares of the business services provider’s stock valued at $3,308,000 after purchasing an additional 548 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Booz Allen Hamilton by 700.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 700 shares during the last quarter. Finally, CHICAGO TRUST Co NA acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $307,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $129.30 on Thursday. The stock has a 50-day simple moving average of $134.73 and a 200-day simple moving average of $150.03. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market capitalization of $16.52 billion, a PE ratio of 19.27, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1 year low of $121.02 and a 1 year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 70.51% and a net margin of 7.39%. On average, analysts predict that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 30.40%.

Analyst Ratings Changes

Several research firms recently issued reports on BAH. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday. Truist Financial decreased their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research note on Monday, January 6th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Finally, UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $158.80.

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