Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 62,102 shares of the business services provider’s stock after acquiring an additional 2,436 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Booz Allen Hamilton were worth $7,993,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in BAH. Peterson Financial Group Inc. purchased a new position in Booz Allen Hamilton in the 3rd quarter valued at $31,000. R Squared Ltd purchased a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $31,000. Berbice Capital Management LLC acquired a new position in Booz Allen Hamilton during the fourth quarter worth about $39,000. Gilliland Jeter Wealth Management LLC purchased a new stake in Booz Allen Hamilton during the 3rd quarter valued at about $45,000. Finally, Kennebec Savings Bank acquired a new stake in Booz Allen Hamilton in the 3rd quarter valued at about $60,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $127.92 on Friday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market cap of $16.20 billion, a P/E ratio of 19.06, a P/E/G ratio of 1.53 and a beta of 0.55. The firm’s 50 day moving average price is $134.36 and its 200-day moving average price is $149.88. Booz Allen Hamilton Holding Co. has a one year low of $121.02 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released 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 70.51% and a net margin of 7.39%. As a group, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date is 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 1.72%. Booz Allen Hamilton’s dividend payout ratio is 32.79%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BAH shares. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Finally, Cantor Fitzgerald initiated coverage on shares of Booz Allen Hamilton in a research report on Friday. They set an “overweight” rating and a $160.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Moderate Buy” and a consensus price target of $158.91.

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.