Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,342,528 shares of the business services provider’s stock after purchasing an additional 141,541 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 1.05% of Booz Allen Hamilton worth $184,347,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its stake in shares of Booz Allen Hamilton by 22.9% during the third quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock worth $141,000 after buying an additional 161 shares during the period. QRG Capital Management Inc. raised its stake in Booz Allen Hamilton by 12.4% during the 3rd quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock valued at $569,000 after acquiring an additional 387 shares during the last quarter. Amalgamated Bank lifted its position in Booz Allen Hamilton by 14.2% during the 3rd quarter. Amalgamated Bank now owns 9,881 shares of the business services provider’s stock worth $1,608,000 after acquiring an additional 1,228 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of Booz Allen Hamilton by 32.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 2,323 shares of the business services provider’s stock valued at $378,000 after purchasing an additional 569 shares during the last quarter. Finally, Portside Wealth Group LLC increased its holdings in shares of Booz Allen Hamilton by 8.1% in the third quarter. Portside Wealth Group LLC now owns 3,192 shares of the business services provider’s stock valued at $520,000 after purchasing an additional 238 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

BAH has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $116.68 on Friday. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The firm has a market capitalization of $14.78 billion, a price-to-earnings ratio of 17.39, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The business’s 50 day simple moving average is $125.43 and its 200-day simple moving average is $145.40. 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 (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping analysts’ consensus estimates 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, equities 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is presently 32.79%.

Booz Allen Hamilton 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.