Capital World Investors Boosts Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Capital World Investors lifted its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 591.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 349,917 shares of the business services provider's stock after buying an additional 299,283 shares during the quarter. Capital World Investors owned about 0.28% of Booz Allen Hamilton worth $45,034,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of Booz Allen Hamilton by 15.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,254,345 shares of the business services provider's stock worth $161,434,000 after acquiring an additional 170,934 shares in the last quarter. First Trust Advisors LP lifted its holdings in Booz Allen Hamilton by 15.3% during the 4th quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider's stock worth $360,957,000 after purchasing an additional 371,390 shares in the last quarter. Arrow Capital Pty Ltd bought a new position in Booz Allen Hamilton in the 4th quarter worth about $1,930,000. CANADA LIFE ASSURANCE Co boosted its stake in Booz Allen Hamilton by 14.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 60,689 shares of the business services provider's stock worth $7,803,000 after purchasing an additional 7,860 shares during the period. Finally, Canada Pension Plan Investment Board grew its holdings in Booz Allen Hamilton by 2,228.1% during the 4th quarter. Canada Pension Plan Investment Board now owns 74,500 shares of the business services provider's stock valued at $9,588,000 after buying an additional 71,300 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Up 0.3 %

Booz Allen Hamilton stock traded up $0.41 during mid-day trading on Friday, hitting $119.74. The company's stock had a trading volume of 1,706,677 shares, compared to its average volume of 1,517,120. The business has a 50 day moving average price of $110.52 and a 200-day moving average price of $133.32. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The stock has a market cap of $15.16 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results 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%. As a group, analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.84%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is 32.79%.

Analyst Ratings Changes

BAH has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut 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, April 15th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, Barclays upgraded shares of 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 report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price 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.