Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC grew its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 422.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,482 shares of the business services provider’s stock after acquiring an additional 2,007 shares during the quarter. Global Retirement Partners LLC’s holdings in Booz Allen Hamilton were worth $319,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Bogart Wealth LLC raised its position in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 155 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton in the third quarter valued at $31,000. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $31,000. Roxbury Financial LLC acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $35,000. Finally, Berbice Capital Management LLC purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $39,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on BAH shares. 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 note on Wednesday, January 8th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday. JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Finally, UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $158.91.

Booz Allen Hamilton Trading Down 0.1 %

Shares of Booz Allen Hamilton stock opened at $112.17 on Tuesday. The company has a 50-day moving average of $128.99 and a two-hundred day moving average of $147.54. Booz Allen Hamilton Holding Co. has a 12-month low of $106.69 and a 12-month high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market cap of $14.21 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.26 and a beta of 0.55.

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, beating 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, 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. Booz Allen Hamilton’s payout ratio is currently 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.