iA Global Asset Management Inc. Purchases Shares of 2,752 Booz Allen Hamilton Holding Co. (NYSE:BAH)

iA Global Asset Management Inc. acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,752 shares of the business services provider's stock, valued at approximately $354,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BAH. Oppenheimer & Co. Inc. raised its holdings in shares of Booz Allen Hamilton by 3.3% during the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider's stock valued at $297,000 after buying an additional 59 shares during the last quarter. Moody Aldrich Partners LLC increased its position in Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after acquiring an additional 74 shares during the period. Bleakley Financial Group LLC raised its stake in Booz Allen Hamilton by 4.3% during the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock valued at $234,000 after acquiring an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its position in Booz Allen Hamilton by 2.0% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after acquiring an additional 82 shares during the period. Finally, M&T Bank Corp increased its holdings in shares of Booz Allen Hamilton by 0.9% during the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock valued at $1,309,000 after purchasing an additional 88 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

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Booz Allen Hamilton Stock Down 0.5 %

NYSE BAH traded down $0.52 during trading on Thursday, reaching $105.80. 2,013,397 shares of the company's stock were exchanged, compared to its average volume of 1,290,961. The company's fifty day simple moving average is $119.59 and its 200-day simple moving average is $140.97. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The firm has a market capitalization of $13.40 billion, a PE ratio of 15.77, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72.

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 (EPS) 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%. Sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's payout ratio is 32.79%.

Analyst Upgrades and Downgrades

BAH has been the subject of several research analyst reports. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a report on Monday, January 6th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. The Goldman Sachs Group cut their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Finally, TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. One equities 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $158.27.

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.