Creative Financial Designs Inc. ADV Boosts Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Creative Financial Designs Inc. ADV lifted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 129.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262 shares of the business services provider’s stock after buying an additional 148 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Booz Allen Hamilton were worth $34,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Oppenheimer & Co. Inc. boosted its stake in Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after purchasing an additional 59 shares during the period. Thrivent Financial for Lutherans boosted its stake in Booz Allen Hamilton by 10.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 61,203 shares of the business services provider’s stock worth $9,961,000 after purchasing an additional 6,007 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth $316,000. Commerce Bank boosted its stake in Booz Allen Hamilton by 3.1% during the 3rd quarter. Commerce Bank now owns 21,834 shares of the business services provider’s stock worth $3,554,000 after purchasing an additional 648 shares during the period. Finally, Eagle Asset Management Inc. boosted its stake in Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after purchasing an additional 32,897 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the stock. TD Cowen reduced their target price on shares of 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. UBS Group assumed coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company reduced their target price 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $104.23 on Friday. The company has a market cap of $13.20 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. 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 has a 50-day simple moving average of $121.39 and a 200-day simple moving average of $142.10.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly 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 net margin of 7.39% and a return on equity of 68.97%. On average, equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share 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 issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.11%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. 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.