denkapparat Operations GmbH Purchases New Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH)

denkapparat Operations GmbH acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,962 shares of the business services provider’s stock, valued at approximately $381,000.

A number of other institutional investors have also recently bought and sold shares of the business. Pictet Asset Management Holding SA boosted its stake in shares of Booz Allen Hamilton by 10.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 52,834 shares of the business services provider’s stock valued at $6,800,000 after buying an additional 5,161 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in Booz Allen Hamilton by 98.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 73,532 shares of the business services provider’s stock valued at $9,464,000 after acquiring an additional 36,505 shares in the last quarter. Providence Capital Advisors LLC lifted its position in shares of Booz Allen Hamilton by 0.9% during the 4th quarter. Providence Capital Advisors LLC now owns 55,280 shares of the business services provider’s stock valued at $7,115,000 after acquiring an additional 470 shares during the period. Weik Capital Management acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth $809,000. Finally, AKO Capital LLP bought a new position in shares of Booz Allen Hamilton in the fourth quarter worth $11,903,000. Institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on BAH. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Monday, February 3rd. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. UBS Group assumed coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. The Goldman Sachs Group reduced their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Wells Fargo & Company dropped their price objective on shares of 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. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Stock Down 0.5 %

Shares of NYSE BAH opened at $105.80 on Friday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company’s 50 day moving average price is $118.98 and its 200-day moving average price is $140.72. The company has a market capitalization of $13.40 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a dividend yield of 2.08%. 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%.

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.