Machina Capital S.A.S. Buys 708 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Machina Capital S.A.S. grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,001 shares of the business services provider’s stock after buying an additional 708 shares during the period. Machina Capital S.A.S.’s holdings in Booz Allen Hamilton were worth $515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Farther Finance Advisors LLC increased its position in Booz Allen Hamilton by 22.9% in the third quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock worth $141,000 after purchasing an additional 161 shares during the last quarter. QRG Capital Management Inc. increased its position in Booz Allen Hamilton by 12.4% in the third quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock worth $569,000 after purchasing an additional 387 shares during the last quarter. Amalgamated Bank increased its position in Booz Allen Hamilton by 14.2% in the third quarter. Amalgamated Bank now owns 9,881 shares of the business services provider’s stock worth $1,608,000 after purchasing an additional 1,228 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Booz Allen Hamilton by 32.4% in the third quarter. Concurrent Investment Advisors LLC now owns 2,323 shares of the business services provider’s stock worth $378,000 after purchasing an additional 569 shares during the last quarter. Finally, Portside Wealth Group LLC increased its position in Booz Allen Hamilton by 8.1% in the third quarter. Portside Wealth Group LLC now owns 3,192 shares of the business services provider’s stock worth $520,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BAH shares. Truist Financial reduced their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective for the company. Finally, Barclays raised shares of 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 note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Up 7.7 %

Shares of BAH opened at $116.68 on Friday. The firm has a market capitalization of $14.78 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a fifty day moving average price of $125.17 and a 200-day moving average price of $145.18.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results 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%. Equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. Booz Allen Hamilton’s dividend payout ratio is 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.