Taika Capital LP Purchases New Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Taika Capital LP acquired a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,143 shares of the business services provider's stock, valued at approximately $2,721,000. Booz Allen Hamilton comprises 2.1% of Taika Capital LP's portfolio, making the stock its 17th biggest holding.

A number of other hedge funds have also recently made changes to their positions in BAH. AlphaQuest LLC lifted its holdings in Booz Allen Hamilton by 224.7% during the 4th quarter. AlphaQuest LLC now owns 4,662 shares of the business services provider's stock worth $600,000 after buying an additional 3,226 shares in the last quarter. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the 4th quarter worth $25,000. Amundi increased its holdings in Booz Allen Hamilton by 16.9% during the 4th quarter. Amundi now owns 472,728 shares of the business services provider's stock worth $61,492,000 after purchasing an additional 68,466 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of Booz Allen Hamilton by 11.8% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider's stock valued at $184,347,000 after buying an additional 141,541 shares during the period. Finally, Machina Capital S.A.S. grew its position in shares of Booz Allen Hamilton by 21.5% during the fourth quarter. Machina Capital S.A.S. now owns 4,001 shares of the business services provider's stock worth $515,000 after buying an additional 708 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

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Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price on the stock. The Goldman Sachs Group lowered their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Barclays upgraded Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus target price of $158.27.

Booz Allen Hamilton Trading Down 0.2 %

NYSE BAH traded down $0.24 during trading hours on Thursday, hitting $111.31. 1,586,244 shares of the company's stock were exchanged, compared to its average volume of 1,206,255. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a market capitalization of $14.10 billion, a P/E ratio of 16.59, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The business's 50 day moving average is $124.13 and its 200-day moving average is $144.24. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59.

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

Booz Allen Hamilton Increases Dividend

The company 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. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.98%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is presently 32.79%.

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.