Jump Financial LLC Has $17.67 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Jump Financial LLC increased its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 1,755.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,287 shares of the business services provider's stock after purchasing an additional 129,887 shares during the quarter. Jump Financial LLC owned approximately 0.11% of Booz Allen Hamilton worth $17,669,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in Booz Allen Hamilton during the 4th quarter valued at approximately $196,578,000. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at about $173,055,000. Renaissance Technologies LLC lifted its holdings in shares of Booz Allen Hamilton by 1,111.3% during the fourth quarter. Renaissance Technologies LLC now owns 606,794 shares of the business services provider's stock worth $78,094,000 after purchasing an additional 556,700 shares during the period. JPMorgan Chase & Co. boosted its position in Booz Allen Hamilton by 12.5% in the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after buying an additional 501,725 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in Booz Allen Hamilton by 78.8% in the 4th quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider's stock worth $133,008,000 after buying an additional 455,605 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Up 2.2 %

BAH stock traded up $2.41 during midday trading on Friday, hitting $113.70. 1,581,894 shares of the company's stock were exchanged, compared to its average volume of 1,486,878. 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. The stock has a market capitalization of $14.40 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The firm has a 50 day moving average price of $110.96 and a 200-day moving average price of $135.19.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS 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%. On average, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.93%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Analyst Upgrades and Downgrades

BAH has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a report on Tuesday. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. The Goldman Sachs Group restated a "neutral" rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. Finally, Barclays upgraded Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and an average price target of $146.45.

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.