Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Jensen Investment Management Inc.

Jensen Investment Management Inc. raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,440 shares of the business services provider's stock after purchasing an additional 4,380 shares during the quarter. Jensen Investment Management Inc.'s holdings in Booz Allen Hamilton were worth $6,106,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BAH. Bogart Wealth LLC raised 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 valued at $25,000 after buying an additional 155 shares during the period. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC increased its stake in 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 worth $29,000 after purchasing an additional 134 shares during the period. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. Finally, R Squared Ltd purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 8.1 %

Shares of Booz Allen Hamilton stock traded down $9.11 during trading hours on Thursday, hitting $103.60. The company had a trading volume of 4,994,336 shares, compared to its average volume of 1,249,163. The company's 50-day moving average is $122.48 and its two-hundred day moving average is $142.75. The company has a market cap of $13.12 billion, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a twelve month low of $101.82 and a twelve month high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Remove Ads

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating 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%. 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 dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.12%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 32.79%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BAH shares. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. The Goldman Sachs Group reduced their price objective 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. TD Cowen lowered their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Truist Financial reduced their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd. Finally, Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $158.27.

Booz Allen Hamilton Company 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.