Quantbot Technologies LP Increases Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quantbot Technologies LP boosted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 289.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,800 shares of the business services provider’s stock after acquiring an additional 29,582 shares during the period. Quantbot Technologies LP’s holdings in Booz Allen Hamilton were worth $5,122,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of BAH. Apollon Wealth Management LLC grew its stake in Booz Allen Hamilton by 5.5% during the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after acquiring an additional 86 shares in the last quarter. MQS Management LLC purchased a new position in Booz Allen Hamilton during the third quarter valued at approximately $226,000. Oppenheimer & Co. Inc. lifted its position in Booz Allen Hamilton by 3.3% during the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 59 shares during the last quarter. Zions Bancorporation N.A. lifted its position in Booz Allen Hamilton by 25.3% during the third quarter. Zions Bancorporation N.A. now owns 6,105 shares of the business services provider’s stock valued at $994,000 after purchasing an additional 1,232 shares during the last quarter. Finally, Metis Global Partners LLC lifted its position in Booz Allen Hamilton by 7.1% during the third quarter. Metis Global Partners LLC now owns 2,474 shares of the business services provider’s stock valued at $403,000 after purchasing an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Up 0.6 %

NYSE:BAH opened at $111.96 on Friday. The firm’s 50-day moving average price is $123.80 and its 200-day moving average price is $144.01. The company has a market capitalization of $14.18 billion, a PE ratio of 16.69, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 1-year low of $101.82 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS 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. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.96%. This is an increase 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 is 32.79%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BAH. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a report on Monday, January 6th. The Goldman Sachs Group lowered their price objective 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. Finally, TD Cowen lowered their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and an average target price of $158.27.

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.