Los Angeles Capital Management LLC Has $31.39 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Los Angeles Capital Management LLC grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 878.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 243,882 shares of the business services provider’s stock after buying an additional 218,949 shares during the period. Los Angeles Capital Management LLC’s holdings in Booz Allen Hamilton were worth $31,388,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Creative Planning increased its holdings in Booz Allen Hamilton by 11.3% in the third quarter. Creative Planning now owns 7,485 shares of the business services provider’s stock worth $1,218,000 after buying an additional 758 shares during the last quarter. Forsta AP Fonden increased its holdings in Booz Allen Hamilton by 10.9% in the third quarter. Forsta AP Fonden now owns 27,500 shares of the business services provider’s stock worth $4,476,000 after buying an additional 2,700 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in Booz Allen Hamilton by 12.0% in the third quarter. Arkadios Wealth Advisors now owns 1,627 shares of the business services provider’s stock worth $265,000 after buying an additional 174 shares during the last quarter. Smith Group Asset Management LLC acquired a new position in Booz Allen Hamilton in the third quarter worth approximately $308,000. Finally, Wilson Asset Management International PTY Ltd. increased its holdings in Booz Allen Hamilton by 17.9% in the third quarter. Wilson Asset Management International PTY Ltd. now owns 140,868 shares of the business services provider’s stock worth $22,928,000 after buying an additional 21,362 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on BAH. The Goldman Sachs Group dropped their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. TD Cowen lowered their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $158.91.

Booz Allen Hamilton Stock Up 2.0 %

BAH opened at $114.72 on Wednesday. Booz Allen Hamilton Holding Co. has a 1-year low of $106.69 and a 1-year high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 1.25 and a beta of 0.55. The business has a 50 day moving average of $128.57 and a 200-day moving average of $147.30.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate 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, sell-side analysts anticipate 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 represents a $2.20 annualized dividend and a dividend yield of 1.92%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is currently 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.