AlphaQuest LLC Has $600,000 Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

AlphaQuest LLC raised its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 224.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,662 shares of the business services provider's stock after buying an additional 3,226 shares during the period. AlphaQuest LLC's holdings in Booz Allen Hamilton were worth $600,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC boosted its position in Booz Allen Hamilton by 0.7% in the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider's stock valued at $59,397,000 after buying an additional 3,435 shares in the last quarter. Versor Investments LP acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $933,000. Bridges Investment Management Inc. raised its stake in shares of Booz Allen Hamilton by 19.2% during the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock valued at $15,143,000 after acquiring an additional 18,930 shares during the last quarter. Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 92.2% during the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock valued at $12,784,000 after acquiring an additional 47,655 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in shares of Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock valued at $122,472,000 after acquiring an additional 324,159 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $109.90 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market capitalization of $13.92 billion, a PE ratio of 16.38, a P/E/G ratio of 1.25 and a beta of 0.56. The firm has a fifty day simple moving average of $124.85 and a 200 day simple moving average of $144.79. Booz Allen Hamilton Holding Co. has a twelve month low of $101.82 and a twelve month high of $190.59.

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Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted 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 net margin of 7.39% and a return on equity of 68.97%. On average, sell-side 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. 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 2.00%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. William Blair downgraded shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target for the company in a research note on Monday, January 6th. TD Cowen dropped their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Finally, UBS Group began coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a "neutral" rating and a $159.00 price target for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target 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.

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