Aquatic Capital Management LLC Takes $11.88 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aquatic Capital Management LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 92,283 shares of the business services provider's stock, valued at approximately $11,877,000. Aquatic Capital Management LLC owned about 0.07% of Booz Allen Hamilton at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Johnson Financial Group Inc. raised its holdings in shares of Booz Allen Hamilton by 347.3% in the fourth quarter. Johnson Financial Group Inc. now owns 416 shares of the business services provider's stock valued at $54,000 after purchasing an additional 323 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $296,000. Coldstream Capital Management Inc. raised its holdings in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. Coldstream Capital Management Inc. now owns 17,602 shares of the business services provider's stock valued at $2,265,000 after purchasing an additional 159 shares during the last quarter. Lord Abbett & CO. LLC grew its position in Booz Allen Hamilton by 98.0% during the fourth quarter. Lord Abbett & CO. LLC now owns 414,085 shares of the business services provider's stock valued at $53,293,000 after buying an additional 204,915 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Booz Allen Hamilton by 12.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,556 shares of the business services provider's stock valued at $200,000 after buying an additional 172 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BAH shares. JPMorgan Chase & Co. reduced their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Truist Financial lowered their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Trading Up 0.2 %

Shares of Booz Allen Hamilton stock traded up $0.19 during trading on Thursday, reaching $120.21. 639,330 shares of the stock were exchanged, compared to its average volume of 1,526,705. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock's fifty day moving average is $110.81 and its 200 day moving average is $132.47. The firm has a market cap of $15.22 billion, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. As a group, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was 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 yield of 1.83%. Booz Allen Hamilton's dividend payout ratio (DPR) 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.