Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Johnson Financial Group Inc.

Johnson Financial Group Inc. lifted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 347.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 416 shares of the business services provider’s stock after acquiring an additional 323 shares during the period. Johnson Financial Group Inc.’s holdings in Booz Allen Hamilton were worth $54,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. GW&K Investment Management LLC raised its position in shares of Booz Allen Hamilton by 0.7% during the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after acquiring an additional 3,435 shares in the last quarter. Versor Investments LP bought a new position in Booz Allen Hamilton during the 4th quarter worth $933,000. FIL Ltd grew its stake in Booz Allen Hamilton by 63.3% during the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider’s stock worth $19,735,000 after buying an additional 59,440 shares during the last quarter. Bridges Investment Management Inc. grew its stake in Booz Allen Hamilton by 19.2% during the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after buying an additional 18,930 shares during the last quarter. Finally, Cumberland Partners Ltd grew its stake in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after buying an additional 47,655 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of recent research reports. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Truist Financial decreased their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a research note on Monday, April 14th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $146.45.

Booz Allen Hamilton Trading Down 0.6 %

Shares of BAH stock opened at $118.90 on Tuesday. The stock has a 50-day simple moving average of $110.54 and a 200 day simple moving average of $132.64. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The stock has a market capitalization of $15.06 billion, a P/E ratio of 17.72, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (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%. On average, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business 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. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 1.85%. Booz Allen Hamilton’s payout ratio is presently 32.79%.

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.