Equitable Trust Co. Has $1.01 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Equitable Trust Co. raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 28.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,825 shares of the business services provider’s stock after buying an additional 1,742 shares during the quarter. Equitable Trust Co.’s holdings in Booz Allen Hamilton were worth $1,007,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at $203,000. Entropy Technologies LP bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at $1,253,000. Empowered Funds LLC lifted its position in shares of Booz Allen Hamilton by 27.2% during the 4th quarter. Empowered Funds LLC now owns 21,209 shares of the business services provider’s stock valued at $2,730,000 after acquiring an additional 4,534 shares during the period. Farmers & Merchants Investments Inc. lifted its position in shares of Booz Allen Hamilton by 4.1% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 62,102 shares of the business services provider’s stock valued at $7,993,000 after acquiring an additional 2,436 shares during the period. Finally, Wilmington Savings Fund Society FSB lifted its position in shares of Booz Allen Hamilton by 783.7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,087 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 964 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BAH has been the subject of a number of recent analyst reports. Raymond James upgraded 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 report on Monday, February 3rd. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. dropped their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Monday, February 3rd. Finally, Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.91.

Booz Allen Hamilton Trading Up 0.1 %

Shares of BAH stock opened at $128.10 on Tuesday. The stock has a market cap of $16.22 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.46 and a beta of 0.55. The stock has a 50-day moving average of $133.55 and a 200-day moving average of $149.39. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 1-year low of $121.02 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.72%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.