denkapparat Operations GmbH Buys New Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

denkapparat Operations GmbH acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,962 shares of the business services provider’s stock, valued at approximately $381,000.

A number of other hedge funds also recently bought and sold shares of the business. Pictet Asset Management Holding SA lifted its position in shares of Booz Allen Hamilton by 10.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 52,834 shares of the business services provider’s stock worth $6,800,000 after purchasing an additional 5,161 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in Booz Allen Hamilton by 98.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 73,532 shares of the business services provider’s stock worth $9,464,000 after acquiring an additional 36,505 shares in the last quarter. Providence Capital Advisors LLC grew its holdings in Booz Allen Hamilton by 0.9% in the fourth quarter. Providence Capital Advisors LLC now owns 55,280 shares of the business services provider’s stock worth $7,115,000 after purchasing an additional 470 shares during the period. Weik Capital Management bought a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $809,000. Finally, AKO Capital LLP purchased a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $11,903,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.5 %

Booz Allen Hamilton stock opened at $105.80 on Friday. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The stock has a 50-day moving average price of $118.98 and a 200 day moving average price of $140.72. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 15.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last posted 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%. 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. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 2.08%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BAH. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. UBS Group initiated coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. 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, TD Cowen dropped their price target 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton 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.