Amundi Acquires 68,466 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Amundi increased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 16.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 472,728 shares of the business services provider's stock after buying an additional 68,466 shares during the quarter. Amundi owned about 0.37% of Booz Allen Hamilton worth $61,492,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BAH. Bogart Wealth LLC increased its holdings in Booz Allen Hamilton by 387.5% in 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. Peterson Financial Group Inc. bought a new stake in Booz Allen Hamilton in the 3rd quarter worth about $31,000. R Squared Ltd bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at about $31,000. SRS Capital Advisors Inc. grew its stake in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after purchasing an additional 232 shares during the period. Finally, Roxbury Financial LLC bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at about $35,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Down 2.4 %

Shares of NYSE:BAH opened at $109.90 on Wednesday. The stock has a 50 day moving average of $124.85 and a 200 day moving average of $144.79. The company has a market cap of $13.92 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-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 return on equity of 68.97% and a net margin of 7.39%. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is a boost 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 2.00%. Booz Allen Hamilton's payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BAH. Wells Fargo & Company cut their price target on 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. Barclays upgraded 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. Truist Financial cut their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a research note on Friday, November 22nd. UBS Group began coverage on 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. Finally, William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $158.27.

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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