Cabot Wealth Management Inc. Has $3.92 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Cabot Wealth Management Inc. grew its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 36.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,435 shares of the business services provider's stock after buying an additional 8,181 shares during the quarter. Cabot Wealth Management Inc.'s holdings in Booz Allen Hamilton were worth $3,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors 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 valued at $25,000 after acquiring an additional 155 shares during the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at $31,000. R Squared Ltd bought a new stake in Booz Allen Hamilton in the fourth quarter worth $31,000. Roxbury Financial LLC bought a new stake in Booz Allen Hamilton in the fourth quarter worth $35,000. Finally, Berbice Capital Management LLC acquired a new position in Booz Allen Hamilton during the fourth quarter worth $39,000. Institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

BAH has been the subject of several recent analyst reports. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a research note on Friday, November 22nd. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday. StockNews.com downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $158.27.

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Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded down $1.28 during trading on Wednesday, hitting $113.37. 2,505,345 shares of the stock were exchanged, compared to its average volume of 2,194,923. The company's fifty day simple moving average is $128.57 and its 200-day simple moving average is $147.30. 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 has a market capitalization of $14.36 billion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1-year low of $106.69 and a 1-year high of $190.59.

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

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is 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.