Bank Julius Baer & Co. Ltd Zurich Raises Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,342,528 shares of the business services provider’s stock after acquiring an additional 141,541 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Booz Allen Hamilton were worth $184,347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BAH. Machina Capital S.A.S. boosted its stake in shares of Booz Allen Hamilton by 21.5% during the 4th quarter. Machina Capital S.A.S. now owns 4,001 shares of the business services provider’s stock worth $515,000 after purchasing an additional 708 shares during the last quarter. Andra AP fonden lifted its stake in shares of Booz Allen Hamilton by 65.5% during the fourth quarter. Andra AP fonden now owns 160,500 shares of the business services provider’s stock valued at $20,656,000 after buying an additional 63,500 shares during the period. Edgestream Partners L.P. acquired a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $677,000. Prescott Group Capital Management L.L.C. grew its stake in Booz Allen Hamilton by 3.9% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 40,289 shares of the business services provider’s stock worth $5,185,000 after acquiring an additional 1,521 shares during the period. Finally, Callan Family Office LLC acquired a new position in Booz Allen Hamilton in the 4th quarter valued at $632,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $116.68 on Friday. The company’s fifty day simple moving average is $125.43 and its 200-day simple moving average is $145.40. 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 52 week low of $101.82 and a 52 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 issued its quarterly earnings data 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, equities research 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Analyst Ratings Changes

Several research firms have recently issued reports on BAH. The Goldman Sachs Group decreased their price objective 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. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.