4,910 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 4,910 shares of the business services provider’s stock, valued at approximately $632,000.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $173,055,000. Van ECK Associates Corp lifted its holdings in 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 valued at $122,472,000 after acquiring an additional 324,159 shares during the period. Westfield Capital Management Co. LP acquired a new stake in Booz Allen Hamilton in the third quarter valued at $48,349,000. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after purchasing an additional 285,621 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in shares of Booz Allen Hamilton by 878.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider’s stock worth $31,388,000 after purchasing an additional 218,949 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Up 7.7 %

BAH opened at $116.68 on Monday. The firm has a market cap of $14.78 billion, a P/E ratio of 17.39, a PEG ratio of 1.25 and a beta of 0.56. The business’s fifty day simple moving average is $125.17 and its 200 day simple moving average is $145.08. Booz Allen Hamilton Holding Co. has a 52 week low of $101.82 and a 52 week high of $190.59. 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 released its quarterly earnings results 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 net margin of 7.39% and a return on equity of 68.97%. As a group, equities 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. 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. This represents a $2.20 annualized dividend and a yield of 1.89%. Booz Allen Hamilton’s payout ratio is 32.79%.

Analysts Set New Price Targets

BAH has been the subject of several recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. 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 target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. Finally, Barclays upgraded 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, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $158.27.

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.