Trexquant Investment LP lifted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) by 602.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 106,926 shares of the business services provider’s stock after acquiring an additional 91,701 shares during the period. Trexquant Investment LP owned 0.08% of Booz Allen Hamilton worth $13,761,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC raised its holdings in 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 purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its position in Booz Allen Hamilton by 144.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 134 shares during the period. SRS Capital Advisors Inc. boosted its stake in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after acquiring an additional 232 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Booz Allen Hamilton in the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Analyst Ratings Changes
BAH has been the topic of a number of analyst reports. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a report on Monday, January 6th. The Goldman Sachs Group cut their target price on 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. TD Cowen lowered 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, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $158.27.
Booz Allen Hamilton Stock Performance
Shares of NYSE BAH opened at $107.14 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm’s 50-day moving average price is $117.03 and its 200-day moving average price is $139.54. 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 market cap of $13.57 billion, a PE ratio of 15.97, a PEG ratio of 1.25 and a beta of 0.56.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping analysts’ consensus estimates 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 anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.
Booz Allen Hamilton Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.05%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.
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