4,910 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Acquired by Callan Family Office LLC

Callan Family Office LLC purchased a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 4,910 shares of the business services provider’s stock, valued at approximately $632,000.

Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its position in shares of Booz Allen Hamilton by 22.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock worth $141,000 after buying an additional 161 shares during the period. QRG Capital Management Inc. increased its stake in Booz Allen Hamilton by 12.4% during the third quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock worth $569,000 after acquiring an additional 387 shares during the last quarter. Amalgamated Bank raised its holdings in shares of Booz Allen Hamilton by 14.2% in the 3rd quarter. Amalgamated Bank now owns 9,881 shares of the business services provider’s stock worth $1,608,000 after purchasing an additional 1,228 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Booz Allen Hamilton by 32.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,323 shares of the business services provider’s stock valued at $378,000 after purchasing an additional 569 shares in the last quarter. Finally, Equitable Trust Co. grew its holdings in shares of Booz Allen Hamilton by 43.1% during the 3rd quarter. Equitable Trust Co. now owns 6,083 shares of the business services provider’s stock worth $990,000 after purchasing an additional 1,833 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $116.68 on Monday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a 50-day simple moving average of $125.17 and a 200 day simple moving average of $145.08. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.82 and a fifty-two week high of $190.59. The company has a market cap of $14.78 billion, a PE ratio of 17.39, a P/E/G ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, sell-side analysts anticipate 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. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.89%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Analysts Set New Price Targets

BAH has been the topic of several research reports. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a report on Monday, January 6th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $158.27.

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.