Headlands Technologies LLC Makes New $889,000 Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Headlands Technologies LLC purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,911 shares of the business services provider’s stock, valued at approximately $889,000.

A number of other large investors have also recently bought and sold shares of BAH. Moody Aldrich Partners LLC boosted its stake in shares of Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock worth $214,000 after acquiring an additional 74 shares in the last quarter. Bleakley Financial Group LLC boosted its position in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its holdings in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after purchasing an additional 82 shares during the last quarter. M&T Bank Corp raised its position in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock valued at $1,309,000 after purchasing an additional 88 shares during the period. Finally, Verdence Capital Advisors LLC lifted its stake in shares of Booz Allen Hamilton by 0.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider’s stock worth $2,134,000 after buying an additional 90 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on BAH. The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. TD Cowen decreased their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $112.63 on Thursday. The company has a market capitalization of $14.26 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 1.25 and a beta of 0.56. The company has a 50-day moving average of $116.42 and a 200-day moving average of $139.35. 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 quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.95%. Booz Allen Hamilton’s dividend payout ratio (DPR) 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.