6,150 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,150 shares of the business services provider's stock, valued at approximately $792,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Empirical Asset Management LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at $1,900,000. Blue Trust Inc. raised its holdings in shares of Booz Allen Hamilton by 133.8% during the fourth quarter. Blue Trust Inc. now owns 6,566 shares of the business services provider's stock worth $845,000 after purchasing an additional 3,758 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its position in Booz Allen Hamilton by 1.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 539,589 shares of the business services provider's stock valued at $69,445,000 after purchasing an additional 8,365 shares during the period. DAVENPORT & Co LLC boosted its holdings in Booz Allen Hamilton by 45.6% in the fourth quarter. DAVENPORT & Co LLC now owns 49,798 shares of the business services provider's stock valued at $6,405,000 after purchasing an additional 15,592 shares during the last quarter. Finally, Cumberland Partners Ltd grew its position in Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider's stock worth $8,411,000 after purchasing an additional 14,620 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on BAH shares. The Goldman Sachs Group lowered their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. 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 note on Monday, January 6th. Cantor Fitzgerald assumed coverage on shares of Booz Allen Hamilton in a report on Friday. They issued an "overweight" rating and a $160.00 price objective for the company. JPMorgan Chase & Co. lowered their price target 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. Finally, Truist Financial cut their price objective 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $158.91.

Booz Allen Hamilton Trading Down 1.0 %

NYSE BAH traded down $1.24 during trading on Friday, hitting $127.92. The stock had a trading volume of 1,977,039 shares, compared to its average volume of 1,996,057. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market capitalization of $16.20 billion, a PE ratio of 19.06, a PEG ratio of 1.46 and a beta of 0.55. The firm has a 50 day moving average price of $133.96 and a 200 day moving average price of $149.67. Booz Allen Hamilton Holding Co. has a twelve month low of $121.02 and a twelve month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 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%. As a group, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a $0.55 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.72%. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 30.40%.

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.