Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 173.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 131,553 shares of the business services provider's stock after purchasing an additional 83,371 shares during the period. Booz Allen Hamilton makes up about 0.7% of Vinva Investment Management Ltd's portfolio, making the stock its 27th biggest holding. Vinva Investment Management Ltd owned about 0.10% of Booz Allen Hamilton worth $17,045,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Apollon Wealth Management LLC boosted its holdings in Booz Allen Hamilton by 5.5% in the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider's stock worth $271,000 after acquiring an additional 86 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Booz Allen Hamilton by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider's stock valued at $297,000 after purchasing an additional 59 shares during the last quarter. Metis Global Partners LLC boosted its stake in Booz Allen Hamilton by 7.1% in the 3rd quarter. Metis Global Partners LLC now owns 2,474 shares of the business services provider's stock worth $403,000 after purchasing an additional 163 shares in the last quarter. CIBC Asset Management Inc grew its position in Booz Allen Hamilton by 5.4% during the 3rd quarter. CIBC Asset Management Inc now owns 4,688 shares of the business services provider's stock worth $763,000 after purchasing an additional 240 shares during the last quarter. Finally, Empowered Funds LLC increased its stake in Booz Allen Hamilton by 23.5% during the 3rd quarter. Empowered Funds LLC now owns 16,675 shares of the business services provider's stock valued at $2,714,000 after purchasing an additional 3,177 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company's stock.

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Analysts Set New Price Targets

A number of brokerages have recently weighed in on BAH. Wells Fargo & Company dropped their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. One equities 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of "Hold" and an average target price of $158.27.

Booz Allen Hamilton Stock Performance

NYSE BAH traded up $0.65 during mid-day trading on Friday, reaching $104.23. 5,200,420 shares of the stock were exchanged, compared to its average volume of 1,272,366. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. 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 business's 50 day moving average is $121.39 and its 200-day moving average is $141.89. The company has a market capitalization of $13.20 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 0.56.

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 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%. On average, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.11%. This is an increase 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 presently 32.79%.

About Booz Allen Hamilton

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.