FIL Ltd Has $19.74 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

FIL Ltd grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 63.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 153,343 shares of the business services provider’s stock after buying an additional 59,440 shares during the quarter. FIL Ltd’s holdings in Booz Allen Hamilton were worth $19,735,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BAH. Moody Aldrich Partners LLC lifted its holdings in Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock worth $214,000 after purchasing an additional 74 shares during the last quarter. Bleakley Financial Group LLC raised its position in shares of Booz Allen Hamilton by 4.3% in the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Booz Allen Hamilton by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after buying an additional 82 shares during the last quarter. M&T Bank Corp grew its stake in Booz Allen Hamilton by 0.9% in the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock valued at $1,309,000 after buying an additional 88 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider’s stock worth $2,134,000 after acquiring an additional 90 shares during the period. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.4 %

Shares of Booz Allen Hamilton stock opened at $108.42 on Friday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The firm has a market capitalization of $13.73 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company’s fifty day moving average price is $112.29 and its two-hundred day moving average price is $136.39.

Booz Allen Hamilton (NYSE:BAH) last posted 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, analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced 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 dividend yield of 2.03%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analysts Set New Price Targets

BAH has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. TD Cowen reduced their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $152.36.

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.