Wilson Asset Management International PTY Ltd. Has $13.46 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Wilson Asset Management International PTY Ltd. lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 25.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,610 shares of the business services provider’s stock after selling 36,258 shares during the period. Booz Allen Hamilton accounts for 3.5% of Wilson Asset Management International PTY Ltd.’s portfolio, making the stock its 15th largest holding. Wilson Asset Management International PTY Ltd. owned about 0.08% of Booz Allen Hamilton worth $13,463,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GW&K Investment Management LLC raised its stake in shares of Booz Allen Hamilton by 0.7% in the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after acquiring an additional 3,435 shares during the last quarter. Versor Investments LP bought a new position in Booz Allen Hamilton in the 4th quarter worth approximately $933,000. Bridges Investment Management Inc. raised its position in Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after purchasing an additional 18,930 shares during the last quarter. Cumberland Partners Ltd raised its position in Booz Allen Hamilton by 92.2% in the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after purchasing an additional 47,655 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after purchasing an additional 324,159 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $109.90 on Wednesday. The firm has a market cap of $13.92 billion, a PE ratio of 16.38, a PEG ratio of 1.25 and a beta of 0.56. 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 1-year low of $101.82 and a 1-year high of $190.59. The company has a fifty day moving average price of $124.85 and a 200 day moving average price of $144.79.

Booz Allen Hamilton (NYSE:BAH) last announced its 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 net margin of 7.39% and a return on equity of 68.97%. Research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 2.00%. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. TD Cowen dropped their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. One investment 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 stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $158.27.

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.