Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC raised its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 204.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,930 shares of the business services provider's stock after buying an additional 9,358 shares during the quarter. Horizon Kinetics Asset Management LLC's holdings in Booz Allen Hamilton were worth $1,793,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Booz Allen Hamilton in the 4th quarter valued at about $173,055,000. Van ECK Associates Corp raised its position in shares of Booz Allen Hamilton by 51.7% in 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 buying an additional 324,159 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Booz Allen Hamilton during the third quarter valued at approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec boosted its position in Booz Allen Hamilton by 28.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock worth $209,651,000 after acquiring an additional 285,621 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Booz Allen Hamilton by 878.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider's stock worth $31,388,000 after acquiring an additional 218,949 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BAH shares. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a research note on Monday, February 3rd. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research note on Friday, November 22nd. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective on the stock in a report on Monday, February 3rd. Finally, William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $158.27.

Booz Allen Hamilton Trading Up 0.6 %

Shares of Booz Allen Hamilton stock traded up $0.65 during trading hours on Friday, hitting $104.23. The company's stock had a trading volume of 5,200,420 shares, compared to its average volume of 1,268,151. 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 $13.20 billion, a PE ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 0.56. The business has a fifty day moving average of $121.96 and a 200 day moving average of $142.47. Booz Allen Hamilton Holding Co. has a 1-year low of $101.15 and a 1-year high of $190.59.

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 EPS for the quarter, beating the consensus estimate 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 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 2.11%. The ex-dividend date was Friday, February 14th. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 32.79%.

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.