Quantbot Technologies LP lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 289.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,800 shares of the business services provider's stock after buying an additional 29,582 shares during the quarter. Quantbot Technologies LP's holdings in Booz Allen Hamilton were worth $5,122,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $173,055,000. Teacher Retirement System of Texas lifted its holdings in Booz Allen Hamilton by 328.1% during the 4th quarter. Teacher Retirement System of Texas now owns 431,043 shares of the business services provider's stock valued at $55,475,000 after buying an additional 330,344 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Booz Allen Hamilton by 51.7% during the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock valued at $122,472,000 after buying an additional 324,159 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in Booz Allen Hamilton in the 3rd quarter valued at about $48,349,000. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in Booz Allen Hamilton by 28.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock worth $209,651,000 after acquiring an additional 285,621 shares in the last quarter. 91.82% of the stock is owned by institutional investors.
Booz Allen Hamilton Stock Down 3.4 %
Shares of Booz Allen Hamilton stock traded down $3.98 on Wednesday, reaching $112.54. The stock had a trading volume of 3,523,685 shares, compared to its average volume of 1,232,045. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The company has a 50 day moving average price of $122.83 and a 200 day moving average price of $142.96. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market capitalization of $14.25 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.25 and a beta of 0.56.
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 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, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.
Booz Allen Hamilton Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a dividend of $0.55 per share. 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 dividend yield of 1.95%. Booz Allen Hamilton's payout ratio is 32.79%.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. TD Cowen lowered their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Barclays raised 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. UBS Group began coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price objective for the company. Finally, JPMorgan Chase & Co. dropped their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Monday, February 3rd. One investment 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 company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $158.27.
Get Our Latest Report on BAH
About Booz Allen Hamilton
(
Free Report)
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.
Recommended Stories
Before you consider Booz Allen Hamilton, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Booz Allen Hamilton wasn't on the list.
While Booz Allen Hamilton currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
