Clough Capital Partners L P Buys Shares of 228,580 Booz Allen Hamilton Holding Corporation $BAH

Clough Capital Partners L P bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 228,580 shares of the business services provider’s stock, valued at approximately $19,283,000. Booz Allen Hamilton makes up about 1.7% of Clough Capital Partners L P’s investment portfolio, making the stock its 20th largest position.

Several other large investors have also recently bought and sold shares of the company. Johnson Financial Group Inc. increased its stake in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 124 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its stake in Booz Allen Hamilton by 2.8% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock valued at $415,000 after purchasing an additional 133 shares in the last quarter. Colonial Trust Co SC increased its stake in Booz Allen Hamilton by 6.1% in the third quarter. Colonial Trust Co SC now owns 2,669 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 154 shares in the last quarter. CI Investments Inc. increased its stake in Booz Allen Hamilton by 4.0% in the third quarter. CI Investments Inc. now owns 4,587 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 175 shares in the last quarter. Finally, Activest Wealth Management increased its position in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after acquiring an additional 178 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $71.00 on Thursday. The firm has a 50-day moving average of $78.16 and a 200-day moving average of $82.57. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a market cap of $8.50 billion, a PE ratio of 10.30, a P/E/G ratio of 4.22 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The company had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter last year, the company posted $1.61 EPS. Booz Allen Hamilton’s quarterly revenue was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a yield of 3.3%. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Wall Street Analysts Forecast Growth

BAH has been the topic of a number of research analyst reports. Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price objective on the stock. TD Cowen restated a “hold” rating on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. JPMorgan Chase & Co. dropped their price objective on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. Truist Financial dropped their price objective on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Finally, Stifel Nicolaus set a $110.00 price objective on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $88.00.

Booz Allen Hamilton Company Profile

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.