Dynamic Technology Lab Private Ltd Acquires New Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,760 shares of the business services provider's stock, valued at approximately $2,028,000.

A number of other large investors have also recently made changes to their positions in BAH. Oarsman Capital Inc. raised its holdings in Booz Allen Hamilton by 146.8% during the fourth quarter. Oarsman Capital Inc. now owns 459 shares of the business services provider's stock worth $59,000 after purchasing an additional 273 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth $5,604,000. Landscape Capital Management L.L.C. purchased a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $912,000. DF Dent & Co. Inc. lifted its position in shares of Booz Allen Hamilton by 2.3% during the fourth quarter. DF Dent & Co. Inc. now owns 6,237 shares of the business services provider's stock worth $803,000 after purchasing an additional 139 shares in the last quarter. Finally, ExodusPoint Capital Management LP acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at $11,505,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

NYSE:BAH traded down $1.25 during trading hours on Thursday, reaching $106.82. 1,062,222 shares of the company's stock were exchanged, compared to its average volume of 1,443,911. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The company has a market capitalization of $13.53 billion, a P/E ratio of 15.93, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The business's 50-day simple moving average is $113.17 and its two-hundred day simple moving average is $137.10.

Remove Ads

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 for the quarter, topping 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%. 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.06%. This is a positive change 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 (DPR) is presently 32.79%.

Analysts Set New Price Targets

BAH has been the topic of a number of recent research reports. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a research report on Monday, February 3rd. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective on the stock in a report on Monday, January 6th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price for the company in a research report on Monday, February 3rd. Finally, William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $156.82.

Booz Allen Hamilton Profile

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.