United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,600 shares of the business services provider’s stock, valued at approximately $206,000.
Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after acquiring an additional 134 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the period. Finally, R Squared Ltd bought a new stake in Booz Allen Hamilton in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Booz Allen Hamilton Stock Down 0.0 %
BAH opened at $106.29 on Thursday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The firm has a market capitalization of $13.46 billion, a P/E ratio of 15.84, a PEG ratio of 1.25 and a beta of 0.56. The company’s 50-day moving average is $119.59 and its 200 day moving average is $140.97. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.
Booz Allen Hamilton Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. 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 annualized dividend and a dividend yield of 2.07%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.
Analyst Upgrades and Downgrades
BAH has been the topic of a number of research analyst reports. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. UBS Group started coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Finally, JPMorgan Chase & Co. lowered 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. One analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average price target of $158.27.
Get Our Latest Analysis on BAH
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.
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