S&CO Inc. Acquires 200 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

S&CO Inc. increased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.5% during the fourth quarter, Holdings Channel reports. The firm owned 5,890 shares of the business services provider’s stock after acquiring an additional 200 shares during the quarter. S&CO Inc.’s holdings in Booz Allen Hamilton were worth $758,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its stake in shares of Booz Allen Hamilton by 3.3% in the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 59 shares during the period. Moody Aldrich Partners LLC raised its position in Booz Allen Hamilton by 4.7% in the 4th 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 period. Bleakley Financial Group LLC lifted its stake in Booz Allen Hamilton by 4.3% in the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after purchasing an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after buying an additional 82 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in shares of Booz Allen Hamilton by 5.5% during the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after buying an additional 86 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Down 3.4 %

NYSE BAH opened at $112.51 on Tuesday. Booz Allen Hamilton Holding Co. has a 12-month low of $101.82 and a 12-month high of $190.59. The company has a fifty day simple moving average of $125.17 and a two-hundred day simple moving average of $145.08. 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 stock has a market cap of $14.25 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping 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%. On average, analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.96%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on BAH shares. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. William Blair cut shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. The Goldman Sachs Group decreased their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. Finally, 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 note on Monday, January 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $158.27.

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.