Xponance Inc. Acquires 1,022 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Xponance Inc. grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,433 shares of the business services provider’s stock after purchasing an additional 1,022 shares during the quarter. Xponance Inc.’s holdings in Booz Allen Hamilton were worth $3,145,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BAH. Bogart Wealth LLC boosted its position in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after buying an additional 134 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth about $31,000. Finally, SRS Capital Advisors Inc. lifted its holdings in shares of Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after buying an additional 232 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 8.1 %

BAH stock opened at $103.60 on Friday. The company has a market capitalization of $13.12 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a one year low of $101.82 and a one year high of $190.59. The company’s 50 day moving average price is $121.96 and its two-hundred day moving average price is $142.47. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly 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 68.97%. As a group, analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a dividend of $0.55 per share. 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. This represents a $2.20 annualized dividend and a dividend yield of 2.12%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BAH. Truist Financial lowered their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a report on Monday, January 6th. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Finally, TD Cowen lowered their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton 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.