Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by GFI Investment Counsel Ltd.

GFI Investment Counsel Ltd. boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 7.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 315,923 shares of the business services provider’s stock after purchasing an additional 22,789 shares during the quarter. Booz Allen Hamilton comprises 4.7% of GFI Investment Counsel Ltd.’s holdings, making the stock its 13th biggest position. GFI Investment Counsel Ltd. owned approximately 0.25% of Booz Allen Hamilton worth $40,659,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. R Squared Ltd bought a new stake in Booz Allen Hamilton during the 4th quarter worth about $31,000. Finally, SRS Capital Advisors Inc. raised its position in shares of Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after acquiring an additional 232 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of research analyst reports. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Monday, February 3rd. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a report on Monday, January 6th. The Goldman Sachs Group reduced their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. JPMorgan Chase & Co. lowered their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Trading Down 0.4 %

NYSE:BAH opened at $104.84 on Tuesday. The stock has a market cap of $13.28 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.25 and a beta of 0.56. The company’s 50 day moving average price is $117.73 and its 200-day moving average price is $139.89. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 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 data on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. On average, equities research 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is 32.79%.

Booz Allen Hamilton Company 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.