Counterpoint Mutual Funds LLC purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,680 shares of the business services provider's stock, valued at approximately $345,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its holdings in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock worth $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its holdings in shares of Booz Allen Hamilton by 144.1% during 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 bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. Finally, SRS Capital Advisors Inc. raised its holdings in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after acquiring an additional 232 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.
Booz Allen Hamilton Stock Performance
NYSE BAH traded up $0.65 on Friday, hitting $104.23. 5,200,420 shares of the stock traded hands, compared to its average volume of 1,268,151. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.25 and a beta of 0.56. The business's fifty day moving average is $121.96 and its two-hundred day moving average is $142.47. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a 12 month low of $101.15 and a 12 month high of $190.59.
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, topping 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 anticipate 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 disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. 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. This represents a $2.20 annualized dividend and a yield of 2.11%. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.79%.
Wall Street Analyst Weigh In
BAH has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a research report on Friday, November 22nd. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price for the company. Finally, JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus target price of $158.27.
Check Out Our Latest Report on Booz Allen Hamilton
About Booz Allen Hamilton
(
Free Report)
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.
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