Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 422.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,482 shares of the business services provider’s stock after acquiring an additional 2,007 shares during the quarter. Global Retirement Partners LLC’s holdings in Booz Allen Hamilton were worth $319,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bogart Wealth LLC raised its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 155 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Roxbury Financial LLC purchased a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $35,000. Finally, Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $39,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. Cantor Fitzgerald started coverage on Booz Allen Hamilton in a research note on Friday, February 7th. They issued an “overweight” rating and a $160.00 price target on the stock. JPMorgan Chase & Co. cut their price objective 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. Finally, Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $158.91.

Booz Allen Hamilton Trading Down 0.1 %

Shares of BAH stock opened at $112.17 on Tuesday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $106.69 and a fifty-two week high of $190.59. The firm’s 50 day moving average price is $128.99 and its two-hundred day moving average price is $147.54. The stock has a market cap of $14.21 billion, a price-to-earnings ratio of 16.72, a price-to-earnings-growth ratio of 1.26 and a beta of 0.55. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.96%. 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 32.79%.

Booz Allen Hamilton Company 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.