ING Groep NV Boosts Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

ING Groep NV grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2,081.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,000 shares of the business services provider’s stock after acquiring an additional 114,500 shares during the period. ING Groep NV owned 0.09% of Booz Allen Hamilton worth $15,444,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Bogart Wealth LLC raised its position in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter worth about $35,000. Finally, Berbice Capital Management LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter worth about $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 3.6 %

BAH opened at $113.54 on Friday. The stock’s fifty day moving average is $129.90 and its two-hundred day moving average is $147.98. The company has a market capitalization of $14.38 billion, a P/E ratio of 16.92, a PEG ratio of 1.32 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 52 week low of $110.57 and a 52 week high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (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 forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a $0.55 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.94%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group lowered their target price 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. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Cantor Fitzgerald started coverage on Booz Allen Hamilton in a research note on Friday, February 7th. They issued an “overweight” rating and a $160.00 price objective for the company. TD Cowen reduced their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $158.91.

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.