Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by APG Asset Management N.V.

APG Asset Management N.V. grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 217.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,515 shares of the business services provider's stock after purchasing an additional 72,912 shares during the period. APG Asset Management N.V. owned about 0.08% of Booz Allen Hamilton worth $13,239,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. GW&K Investment Management LLC grew its stake in shares of 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 purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $933,000. FIL Ltd increased its stake in Booz Allen Hamilton by 63.3% during the fourth quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock valued at $19,735,000 after purchasing an additional 59,440 shares during the last quarter. Bridges Investment Management Inc. lifted its stake in shares of Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock worth $15,143,000 after acquiring an additional 18,930 shares during the period. Finally, Cumberland Partners Ltd raised its stake in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock valued at $12,784,000 after purchasing an additional 47,655 shares during the period. 91.82% of the stock is currently owned by institutional investors.

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Booz Allen Hamilton Trading Up 1.6 %

Booz Allen Hamilton stock traded up $1.71 during mid-day trading on Wednesday, hitting $112.00. 425,106 shares of the stock were exchanged, compared to its average volume of 1,469,370. The stock has a market capitalization of $14.18 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 1.25 and a beta of 0.58. The firm's fifty day simple moving average is $111.58 and its two-hundred day simple moving average is $135.70. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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%. Analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.96%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is currently 32.79%.

Analysts Set New Price Targets

BAH has been the topic of several recent analyst reports. 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. JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday. Barclays upgraded 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 report on Monday, January 6th. Raymond James raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target on the stock in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group reiterated 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $146.45.

Booz Allen Hamilton Company 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.