Brown Brothers Harriman & Co. Has $40,000 Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Brown Brothers Harriman & Co. increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1,132.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 308 shares of the business services provider’s stock after purchasing an additional 283 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Booz Allen Hamilton were worth $40,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BAH. JPMorgan Chase & Co. boosted its stake in shares of Booz Allen Hamilton by 12.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock worth $581,516,000 after buying an additional 501,725 shares during the last quarter. Geode Capital Management LLC raised its holdings in Booz Allen Hamilton by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Norges Bank acquired a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $196,578,000. Raymond James Financial Inc. bought a new position in Booz Allen Hamilton in the fourth quarter valued at approximately $173,055,000. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Booz Allen Hamilton by 11.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider’s stock worth $184,347,000 after purchasing an additional 141,541 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $112.63 on Thursday. 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 firm has a market cap of $14.26 billion, a price-to-earnings ratio of 16.79, a P/E/G ratio of 1.25 and a beta of 0.56. The stock’s fifty day moving average price is $116.42 and its two-hundred day moving average price is $139.35. Booz Allen Hamilton Holding Co. has a one year low of $101.05 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, 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, equities analysts forecast 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. Investors of record on Friday, February 14th were paid a $0.55 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s payout ratio is 32.79%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on BAH shares. Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Finally, TD Cowen cut their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, six have assigned 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 stock has an average rating of “Hold” and a consensus target price of $158.27.

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.