Westbourne Investment Advisors Inc. Acquires 2,506 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Westbourne Investment Advisors Inc. increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,079 shares of the business services provider's stock after acquiring an additional 2,506 shares during the period. Booz Allen Hamilton makes up approximately 2.2% of Westbourne Investment Advisors Inc.'s portfolio, making the stock its 17th biggest holding. Westbourne Investment Advisors Inc.'s holdings in Booz Allen Hamilton were worth $6,316,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Westfield Capital Management Co. LP acquired a new stake in shares of Booz Allen Hamilton in the third quarter valued at approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Booz Allen Hamilton by 28.5% in 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 purchasing an additional 285,621 shares during the last quarter. FMR LLC increased its holdings in Booz Allen Hamilton by 111.6% in the third quarter. FMR LLC now owns 356,828 shares of the business services provider's stock valued at $58,077,000 after purchasing an additional 188,185 shares during the period. KBC Group NV boosted its position in Booz Allen Hamilton by 1,207.8% during the fourth quarter. KBC Group NV now owns 189,899 shares of the business services provider's stock valued at $24,440,000 after acquiring an additional 175,378 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in Booz Allen Hamilton by 34.8% during the third quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider's stock valued at $102,437,000 after acquiring an additional 162,083 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Down 2.1 %

Shares of BAH stock traded down $2.66 on Wednesday, hitting $121.75. 1,875,150 shares of the stock traded hands, compared to its average volume of 1,991,755. The stock has a market capitalization of $15.42 billion, a PE ratio of 18.14, a PEG ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a twelve month low of $120.92 and a twelve month high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.56 and a current ratio of 1.57. The firm's 50-day moving average price is $132.66 and its two-hundred day moving average price is $149.09.

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 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%. As a group, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.81%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 30.40%.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of research analyst reports. The Goldman Sachs Group cut their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. TD Cowen decreased 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. StockNews.com downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a report on Friday, November 22nd. Finally, UBS Group initiated coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price target for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton has an average rating of "Moderate Buy" and a consensus price target of $158.91.

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.