Jump Financial LLC Increases Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Jump Financial LLC raised its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1,755.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,287 shares of the business services provider’s stock after buying an additional 129,887 shares during the quarter. Jump Financial LLC’s holdings in Booz Allen Hamilton were worth $17,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of BAH. Barclays PLC grew its stake in shares of Booz Allen Hamilton by 17.1% in the third quarter. Barclays PLC now owns 101,365 shares of the business services provider’s stock worth $16,497,000 after acquiring an additional 14,826 shares during the period. Toronto Dominion Bank grew its stake in shares of Booz Allen Hamilton by 29.6% during the 3rd quarter. Toronto Dominion Bank now owns 16,909 shares of the business services provider’s stock valued at $2,752,000 after acquiring an additional 3,863 shares during the period. Anchor Investment Management LLC lifted its holdings in Booz Allen Hamilton by 865.7% during the third quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 580 shares in the last quarter. World Investment Advisors LLC increased its stake in shares of Booz Allen Hamilton by 26.1% in the third quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider’s stock worth $1,094,000 after purchasing an additional 1,390 shares in the last quarter. Finally, Tidal Investments LLC raised its position in shares of Booz Allen Hamilton by 17.7% during the 3rd quarter. Tidal Investments LLC now owns 13,165 shares of the business services provider’s stock valued at $2,143,000 after purchasing an additional 1,979 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 3.3 %

NYSE:BAH opened at $112.36 on Tuesday. The firm has a market cap of $14.23 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a 50-day moving average of $111.95 and a 200 day moving average of $135.88. 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 $101.05 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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, research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

A number of research firms have commented on BAH. Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Monday, February 3rd. Truist Financial dropped their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a report on Monday. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Finally, William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and an average price target of $148.27.

About Booz Allen Hamilton

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.