Financial Counselors Inc. Acquires 160 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Financial Counselors Inc. increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 100,544 shares of the business services provider’s stock after acquiring an additional 160 shares during the period. Financial Counselors Inc.’s holdings in Booz Allen Hamilton were worth $12,940,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. The Goldman Sachs Group reduced their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a research report on Monday, January 6th. Finally, TD Cowen cut 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $106.29 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market cap of $13.46 billion, a PE ratio of 15.84, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The business’s fifty day simple moving average is $119.59 and its 200-day simple moving average is $140.97.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS 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%. Analysts expect 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 announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is currently 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.