Whipplewood Advisors LLC Invests $140,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Whipplewood Advisors LLC bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,090 shares of the business services provider’s stock, valued at approximately $140,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BAH. Van ECK Associates Corp lifted its stake in shares of Booz Allen Hamilton by 51.7% in the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after buying an additional 324,159 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in Booz Allen Hamilton during the third quarter valued at approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec lifted its position in Booz Allen Hamilton by 28.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after purchasing an additional 285,621 shares during the period. Los Angeles Capital Management LLC lifted its position in Booz Allen Hamilton by 878.1% during the fourth quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider’s stock valued at $31,388,000 after purchasing an additional 218,949 shares during the period. Finally, FMR LLC lifted its position in Booz Allen Hamilton by 111.6% during the third quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock valued at $58,077,000 after purchasing an additional 188,185 shares during the period. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 2.3 %

BAH opened at $110.92 on Friday. 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 Holding Co. has a fifty-two week low of $106.69 and a fifty-two week high of $190.59. The firm’s fifty day moving average is $128.17 and its 200 day moving average is $147.07. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55.

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, beating 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, sell-side analysts forecast 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 announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.98%. Booz Allen Hamilton’s payout ratio is 32.79%.

Analyst Ratings Changes

BAH has been the topic of a number of research analyst reports. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price objective for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Wells Fargo & Company lowered their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research report on Wednesday. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. 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 on the stock in a research report on Thursday, December 12th. Finally, Barclays upgraded 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 research report on Monday, January 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.