APG Asset Management N.V. lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 217.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,515 shares of the business services provider’s stock after buying an additional 72,912 shares during the period. APG Asset Management N.V. owned approximately 0.08% of Booz Allen Hamilton worth $13,239,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in BAH. Bogart Wealth LLC lifted its position in Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after acquiring an additional 155 shares during the period. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its position in Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after buying an additional 134 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after buying an additional 232 shares during the period. Finally, R Squared Ltd purchased a new position in Booz Allen Hamilton during the 4th quarter worth approximately $31,000. 91.82% of the stock is owned by hedge funds and other institutional investors.
Booz Allen Hamilton Trading Up 0.6 %
Shares of NYSE:BAH opened at $108.73 on Friday. The firm has a market capitalization of $13.77 billion, a price-to-earnings ratio of 16.20, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The business’s 50 day moving average price is $112.76 and its 200-day moving average price is $136.74. 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 Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59.
Booz Allen Hamilton Increases Dividend
The company also recently announced 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 represents a $2.20 dividend on an annualized basis and a dividend yield of 2.02%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.
Wall Street Analyst Weigh In
Several analysts have recently commented on BAH shares. TD Cowen dropped their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $156.82.
Get Our Latest Research Report on BAH
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.
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