Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 91,915 shares of the business services provider’s stock after purchasing an additional 5,651 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.07% of Booz Allen Hamilton worth $12,126,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $206,000. Ipsen Advisor Group LLC purchased a new position in Booz Allen Hamilton in the 4th quarter worth approximately $431,000. Wambolt & Associates LLC lifted its stake in Booz Allen Hamilton by 25.3% in the 4th quarter. Wambolt & Associates LLC now owns 1,823 shares of the business services provider’s stock worth $235,000 after purchasing an additional 368 shares in the last quarter. Zions Bancorporation N.A. grew its position in shares of Booz Allen Hamilton by 52.3% in the fourth quarter. Zions Bancorporation N.A. now owns 9,298 shares of the business services provider’s stock valued at $1,197,000 after purchasing an additional 3,193 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $543,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on BAH. TD Cowen lowered their price objective on 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. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Barclays raised shares of 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. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday, February 3rd. Finally, Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $104.84 on Tuesday. The company has a market cap of $13.28 billion, a price-to-earnings ratio of 15.63, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a fifty day simple moving average of $117.73 and a two-hundred day simple moving average of $139.89. 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 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 posted 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%. As a group, equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.10%. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

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.