Rockefeller Capital Management L.P. Takes Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Rockefeller Capital Management L.P. purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,250 shares of the business services provider's stock, valued at approximately $1,320,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Moody Aldrich Partners LLC increased its position in Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock worth $214,000 after buying an additional 74 shares during the period. Bleakley Financial Group LLC grew its stake in shares of Booz Allen Hamilton by 4.3% in the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock valued at $234,000 after acquiring an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after acquiring an additional 82 shares during the period. M&T Bank Corp raised its stake in Booz Allen Hamilton by 0.9% in the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after purchasing an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock valued at $2,134,000 after purchasing an additional 90 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Price Performance

BAH traded up $0.41 on Friday, reaching $119.74. The stock had a trading volume of 1,706,677 shares, compared to its average volume of 1,521,311. The firm has a 50-day moving average of $110.52 and a 200-day moving average of $133.32. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The company has a market capitalization of $15.16 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data 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 net margin of 7.39% and a return on equity of 68.97%. As a group, sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is 32.79%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. William Blair downgraded shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. TD Cowen cut their target price on 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. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target for the company in a research note on Monday, January 6th. Finally, Truist Financial cut their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $146.45.

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.