Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Barclays PLC

Barclays PLC grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 45.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 147,190 shares of the business services provider's stock after buying an additional 45,825 shares during the quarter. Barclays PLC owned 0.12% of Booz Allen Hamilton worth $18,942,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bogart Wealth LLC lifted its stake in Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock worth $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC increased its holdings in Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after buying an additional 134 shares during the last quarter. R Squared Ltd acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at $31,000. Finally, SRS Capital Advisors Inc. lifted its holdings in 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 worth $31,000 after buying an additional 232 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

BAH traded up $1.39 during trading on Wednesday, hitting $116.52. The stock had a trading volume of 3,223,865 shares, compared to its average volume of 1,504,721. 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 $14.76 billion, a P/E ratio of 17.37, a PEG ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company's 50-day moving average price is $110.50 and its 200 day moving average price is $134.01.

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

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Barclays upgraded Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price for the company in a research note on Monday, January 6th. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. TD Cowen reduced 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 report on Wednesday, January 8th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $109.00 price objective (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Finally, Truist Financial dropped their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus 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.