Edmond DE Rothschild Holding S.A. Purchases 120,373 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Edmond DE Rothschild Holding S.A. lifted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 28.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 548,037 shares of the business services provider’s stock after acquiring an additional 120,373 shares during the period. Booz Allen Hamilton makes up about 1.2% of Edmond DE Rothschild Holding S.A.’s portfolio, making the stock its 19th largest holding. Edmond DE Rothschild Holding S.A.’s holdings in Booz Allen Hamilton were worth $70,532,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BAH. O Shaughnessy Asset Management LLC lifted its stake in Booz Allen Hamilton by 15.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 43,477 shares of the business services provider’s stock worth $5,595,000 after purchasing an additional 5,673 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new position in shares of Booz Allen Hamilton during the 4th quarter worth $55,000. Schroder Investment Management Group raised its holdings in shares of Booz Allen Hamilton by 51.7% during the 4th quarter. Schroder Investment Management Group now owns 4,253 shares of the business services provider’s stock worth $546,000 after buying an additional 1,449 shares in the last quarter. Allstate Corp acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at about $480,000. Finally, Brown Brothers Harriman & Co. grew its position in Booz Allen Hamilton by 1,132.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 308 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 283 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. TD Cowen reduced their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Monday, February 3rd. One research 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $105.30 on Monday. The business has a 50-day moving average of $118.36 and a 200-day moving average of $140.24. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market capitalization of $13.34 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59.

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

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders 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 represents a $2.20 dividend on an annualized basis and a yield of 2.09%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is 32.79%.

About Booz Allen Hamilton

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.