Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 27,332 shares of the business services provider’s stock, valued at approximately $2,133,000.
Other large investors have also recently made changes to their positions in the company. Johnson Financial Group Inc. raised its holdings in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 124 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its holdings in Booz Allen Hamilton by 2.8% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock worth $415,000 after acquiring an additional 133 shares in the last quarter. Activest Wealth Management increased its position in shares of Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Booz Allen Hamilton by 7.3% in the 4th quarter. Arkadios Wealth Advisors now owns 2,646 shares of the business services provider’s stock valued at $223,000 after purchasing an additional 179 shares in the last quarter. Finally, Cresset Asset Management LLC raised its holdings in shares of Booz Allen Hamilton by 6.2% in the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 191 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Booz Allen Hamilton Price Performance
Booz Allen Hamilton stock opened at $65.23 on Friday. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The business has a 50 day simple moving average of $71.07 and a 200-day simple moving average of $78.92. Booz Allen Hamilton Holding Corporation has a 12 month low of $59.50 and a 12 month high of $120.04. The stock has a market capitalization of $7.81 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 3.72 and a beta of 0.36.
Booz Allen Hamilton Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is 34.25%.
Wall Street Analysts Forecast Growth
BAH has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. UBS Group restated a “neutral” rating and issued a $83.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Wells Fargo & Company started coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price target for the company. Citigroup lowered their price objective on Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $81.08.
View Our Latest Analysis on BAH
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.
Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.
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