Wealth Enhancement Advisory Services LLC raised its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,605 shares of the business services provider’s stock after acquiring an additional 6,786 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.08% of Booz Allen Hamilton worth $8,976,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Aventura Private Wealth LLC bought a new stake in Booz Allen Hamilton in the 4th quarter worth about $27,000. Union Bancaire Privee UBP SA lifted its position in shares of Booz Allen Hamilton by 5.2% during the 4th quarter. Union Bancaire Privee UBP SA now owns 12,932 shares of the business services provider’s stock worth $1,091,000 after buying an additional 645 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Booz Allen Hamilton by 13.6% in the 4th quarter. GAMMA Investing LLC now owns 2,124 shares of the business services provider’s stock worth $179,000 after buying an additional 254 shares during the last quarter. Insight Wealth Strategies LLC boosted its stake in shares of Booz Allen Hamilton by 3.3% in the 4th quarter. Insight Wealth Strategies LLC now owns 49,937 shares of the business services provider’s stock worth $4,213,000 after buying an additional 1,577 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Booz Allen Hamilton by 23.6% in the third quarter. Allworth Financial LP now owns 4,831 shares of the business services provider’s stock valued at $483,000 after acquiring an additional 921 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Price Performance
Shares of NYSE:BAH opened at $78.47 on Friday. The firm has a market capitalization of $9.46 billion, a PE ratio of 11.66, a P/E/G ratio of 4.71 and a beta of 0.37. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a 50-day moving average price of $82.68 and a two-hundred day moving average price of $88.59. Booz Allen Hamilton Holding Corporation has a twelve month low of $73.93 and a twelve month high of $130.91.
Booz Allen Hamilton Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were given a dividend of $0.59 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 35.07%.
Analysts Set New Price Targets
A number of brokerages recently commented on BAH. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Citigroup upped their price objective on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Jefferies Financial Group decreased their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research report on Thursday, December 18th. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Finally, UBS Group restated a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $101.25.
Check Out Our Latest Report on Booz Allen Hamilton
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.
Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.
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