Virtu Financial LLC Takes Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Virtu Financial LLC purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,355 shares of the business services provider's stock, valued at approximately $2,877,000.

A number of other large investors have also added to or reduced their stakes in BAH. Geode Capital Management LLC boosted its position in Booz Allen Hamilton by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider's stock valued at $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Raymond James Financial Inc. bought a new position in Booz Allen Hamilton in the fourth quarter worth $173,055,000. Bank Julius Baer & Co. Ltd Zurich grew its position 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 worth $184,347,000 after buying an additional 141,541 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of 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. Finally, Van ECK Associates Corp lifted its position 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 acquiring an additional 324,159 shares during the period. Institutional investors own 91.82% of the company's stock.

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Analyst Upgrades and Downgrades

BAH has been the subject of a number of analyst reports. UBS Group started coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price objective for the company. Cantor Fitzgerald raised shares of 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 on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. Finally, Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $158.27.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded down $0.52 during mid-day trading on Thursday, reaching $105.80. The company's stock had a trading volume of 2,013,397 shares, compared to its average volume of 1,290,961. The stock has a fifty day moving average of $118.98 and a two-hundred day moving average of $140.72. The firm has a market capitalization of $13.40 billion, a PE ratio of 15.77, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating 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, sell-side analysts anticipate 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. 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. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.08%. Booz Allen Hamilton's dividend payout ratio (DPR) 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.