KPP Advisory Services LLC Makes New Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

KPP Advisory Services LLC bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,569 shares of the business services provider’s stock, valued at approximately $331,000.

A number of other large investors also recently modified their holdings of the stock. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter worth $31,000. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the fourth quarter valued at $31,000. Gilliland Jeter Wealth Management LLC bought a new position in Booz Allen Hamilton in the third quarter valued at about $45,000. Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton in the fourth quarter worth about $39,000. Finally, Kennebec Savings Bank bought a new stake in Booz Allen Hamilton during the 3rd quarter worth about $60,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Up 0.4 %

Shares of Booz Allen Hamilton stock opened at $129.51 on Tuesday. Booz Allen Hamilton Holding Co. has a 1 year low of $121.02 and a 1 year high of $190.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $16.55 billion, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 1.53 and a beta of 0.55. The business has a 50-day moving average of $135.43 and a two-hundred day moving average of $150.35.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 70.51%. As a group, equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is 30.40%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on BAH shares. 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 note on Monday. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Finally, Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research note on Monday, January 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $158.80.

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.