Navellier & Associates Inc. Acquires 1,135 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Navellier & Associates Inc. grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.0% in the 4th quarter, HoldingsChannel reports. The firm owned 23,778 shares of the business services provider’s stock after buying an additional 1,135 shares during the quarter. Navellier & Associates Inc.’s holdings in Booz Allen Hamilton were worth $3,060,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Oppenheimer & Co. Inc. raised its holdings in shares of Booz Allen Hamilton by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after purchasing an additional 59 shares in the last quarter. Moody Aldrich Partners LLC grew its position in shares of Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock worth $214,000 after buying an additional 74 shares during the last quarter. Bleakley Financial Group LLC grew its position in shares of Booz Allen Hamilton by 4.3% in the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after buying an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Booz Allen Hamilton by 2.0% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after buying an additional 82 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its position in shares of Booz Allen Hamilton by 5.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock worth $271,000 after buying an additional 86 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 analyst reports. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. The Goldman Sachs Group cut their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. Finally, JPMorgan Chase & Co. dropped their target price 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Hold” and a consensus target price of $158.91.

Booz Allen Hamilton Stock Down 1.2 %

BAH stock opened at $112.27 on Friday. The firm’s fifty day simple moving average is $129.46 and its 200-day simple moving average is $147.76. The company has a market capitalization of $14.22 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 1.31 and a beta of 0.55. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a 12 month low of $106.69 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating 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 forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be issued a $0.55 dividend. This is an increase 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%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is 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.