Equitable Trust Co. Purchases 1,742 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Equitable Trust Co. boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 28.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,825 shares of the business services provider’s stock after acquiring an additional 1,742 shares during the period. Equitable Trust Co.’s holdings in Booz Allen Hamilton were worth $1,007,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Savant Capital LLC bought a new position in Booz Allen Hamilton in the fourth quarter worth approximately $203,000. Entropy Technologies LP bought a new position in Booz Allen Hamilton in the fourth quarter worth approximately $1,253,000. Empowered Funds LLC boosted its holdings in Booz Allen Hamilton by 27.2% in the fourth quarter. Empowered Funds LLC now owns 21,209 shares of the business services provider’s stock worth $2,730,000 after acquiring an additional 4,534 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in Booz Allen Hamilton by 4.1% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 62,102 shares of the business services provider’s stock worth $7,993,000 after acquiring an additional 2,436 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its holdings in Booz Allen Hamilton by 783.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,087 shares of the business services provider’s stock worth $140,000 after acquiring an additional 964 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $128.10 on Tuesday. The business’s fifty day simple moving average is $133.55 and its 200 day simple moving average is $149.39. The firm has a market capitalization of $16.22 billion, a P/E ratio of 19.09, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 12 month low of $121.02 and a 12 month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS 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%. As a group, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a $0.55 dividend. This is an increase 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 1.72%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, The Goldman Sachs Group dropped their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $158.91.

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.