Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI increased its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 98.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,273 shares of the business services provider's stock after buying an additional 10,061 shares during the quarter. National Bank of Canada FI's holdings in Booz Allen Hamilton were worth $2,609,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in shares of Booz Allen Hamilton by 2.9% in the third quarter. The Manufacturers Life Insurance Company now owns 6,313 shares of the business services provider's stock valued at $1,028,000 after purchasing an additional 179 shares during the period. HighTower Advisors LLC raised its position in shares of Booz Allen Hamilton by 5.6% during the 3rd quarter. HighTower Advisors LLC now owns 57,870 shares of the business services provider's stock valued at $9,405,000 after buying an additional 3,078 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Booz Allen Hamilton in the third quarter valued at approximately $225,000. IHT Wealth Management LLC grew its position in Booz Allen Hamilton by 9.1% in the third quarter. IHT Wealth Management LLC now owns 3,209 shares of the business services provider's stock worth $523,000 after acquiring an additional 268 shares during the period. Finally, Quantinno Capital Management LP increased its stake in Booz Allen Hamilton by 5.6% during the third quarter. Quantinno Capital Management LP now owns 4,931 shares of the business services provider's stock worth $803,000 after acquiring an additional 261 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BAH shares. Barclays upgraded Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target for the company in a report on Monday, January 6th. TD Cowen lowered 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. Raymond James upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target on the stock in a research note on Monday, February 3rd. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $152.36.

Booz Allen Hamilton Stock Down 0.4 %

BAH stock traded down $0.39 during trading on Friday, hitting $108.42. 2,670,588 shares of the company's stock were exchanged, compared to its average volume of 1,463,606. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 16.16, a PEG ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week 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 business has a 50-day moving average price of $112.29 and a two-hundred day moving average price of $136.39.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted 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%. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 2.03%. Booz Allen Hamilton's payout ratio is currently 32.79%.

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.