Rathbones Group PLC Has $70.43 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Rathbones Group PLC lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 21.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 547,271 shares of the business services provider's stock after buying an additional 97,737 shares during the period. Rathbones Group PLC owned about 0.43% of Booz Allen Hamilton worth $70,434,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BAH. The Manufacturers Life Insurance Company raised its position in shares of Booz Allen Hamilton by 2.9% during the third quarter. The Manufacturers Life Insurance Company now owns 6,313 shares of the business services provider's stock worth $1,028,000 after purchasing an additional 179 shares during the period. HighTower Advisors LLC raised its holdings in 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 worth $9,405,000 after buying an additional 3,078 shares during the period. Integrated Wealth Concepts LLC bought a new position in Booz Allen Hamilton in the third quarter valued at approximately $225,000. IHT Wealth Management LLC boosted its holdings in shares of 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 valued at $523,000 after buying an additional 268 shares during the period. Finally, Quantinno Capital Management LP increased its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

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Analyst Ratings Changes

A number of brokerages recently weighed in on BAH. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday. Wells Fargo & Company lowered their price objective on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, TD Cowen decreased their target price 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. One investment 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $152.36.

Booz Allen Hamilton Stock Performance

BAH traded down $0.39 during trading hours on Friday, reaching $108.42. The company's stock had a trading volume of 2,670,588 shares, compared to its average volume of 1,463,606. The company's 50-day moving average is $112.29 and its 200-day moving average is $136.39. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The firm has a market cap of $13.73 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

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