Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 631.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 141,898 shares of the business services provider's stock after acquiring an additional 122,504 shares during the quarter. Intech Investment Management LLC owned approximately 0.11% of Booz Allen Hamilton worth $18,262,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Horizon Kinetics Asset Management LLC boosted its position in Booz Allen Hamilton by 204.7% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 13,930 shares of the business services provider's stock valued at $1,793,000 after acquiring an additional 9,358 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new stake in Booz Allen Hamilton during the 4th quarter valued at $345,000. Polen Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 88.5% in the 4th quarter. Polen Capital Management LLC now owns 8,900 shares of the business services provider's stock worth $1,145,000 after purchasing an additional 4,178 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of Booz Allen Hamilton by 129.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 262 shares of the business services provider's stock worth $34,000 after purchasing an additional 148 shares in the last quarter. Finally, Jensen Investment Management Inc. boosted its position in shares of Booz Allen Hamilton by 10.2% in the 4th quarter. Jensen Investment Management Inc. now owns 47,440 shares of the business services provider's stock worth $6,106,000 after purchasing an additional 4,380 shares in the last quarter. Institutional investors own 91.82% of the company's stock.

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Booz Allen Hamilton Stock Performance

Shares of NYSE BAH traded up $0.65 during trading on Friday, reaching $104.23. 5,200,420 shares of the company traded hands, compared to its average volume of 1,268,976. The firm's fifty day simple moving average is $121.39 and its 200 day simple moving average is $142.00. The stock has a market cap of $13.20 billion, a P/E ratio of 15.53, a PEG ratio of 1.25 and a beta of 0.56. 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 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 results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating 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, research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BAH. The Goldman Sachs Group lowered their price objective 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. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price for the company. Finally, Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating for the company in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target 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.