Aquatic Capital Management LLC Takes $11.88 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aquatic Capital Management LLC bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 92,283 shares of the business services provider's stock, valued at approximately $11,877,000. Aquatic Capital Management LLC owned about 0.07% of Booz Allen Hamilton at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. boosted its holdings in Booz Allen Hamilton by 347.3% in the fourth quarter. Johnson Financial Group Inc. now owns 416 shares of the business services provider's stock valued at $54,000 after acquiring an additional 323 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth about $296,000. Coldstream Capital Management Inc. grew its stake in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. Coldstream Capital Management Inc. now owns 17,602 shares of the business services provider's stock valued at $2,265,000 after buying an additional 159 shares in the last quarter. Lord Abbett & CO. LLC raised its holdings in shares of Booz Allen Hamilton by 98.0% during the 4th quarter. Lord Abbett & CO. LLC now owns 414,085 shares of the business services provider's stock valued at $53,293,000 after buying an additional 204,915 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in Booz Allen Hamilton by 12.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 1,556 shares of the business services provider's stock worth $200,000 after acquiring an additional 172 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH traded up $0.48 during midday trading on Tuesday, reaching $119.29. 1,196,180 shares of the company traded hands, compared to its average volume of 1,526,774. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59. The firm has a market capitalization of $15.11 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. 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 fifty day moving average price of $110.66 and a 200 day moving average price of $132.55.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating 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%. On average, analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a $0.55 dividend. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 1.84%. Booz Allen Hamilton's dividend payout ratio is 32.79%.

Analysts Set New Price Targets

Several research firms recently commented on BAH. Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. TD Cowen reduced their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research report on Monday, January 6th. The Goldman Sachs Group reissued a "neutral" rating and set a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Finally, JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $146.45.

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.