Barclays PLC Acquires 45,825 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Barclays PLC lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 45.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 147,190 shares of the business services provider's stock after purchasing an additional 45,825 shares during the period. Barclays PLC owned 0.12% of Booz Allen Hamilton worth $18,942,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Black Creek Investment Management Inc. boosted its stake in shares of Booz Allen Hamilton by 43.0% in the 4th quarter. Black Creek Investment Management Inc. now owns 967,191 shares of the business services provider's stock valued at $124,477,000 after purchasing an additional 291,053 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Booz Allen Hamilton by 13.1% in the 4th quarter. Townsquare Capital LLC now owns 39,532 shares of the business services provider's stock worth $5,088,000 after purchasing an additional 4,570 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at about $1,320,000. APG Asset Management N.V. increased its stake in Booz Allen Hamilton by 217.0% in the fourth quarter. APG Asset Management N.V. now owns 106,515 shares of the business services provider's stock valued at $13,239,000 after purchasing an additional 72,912 shares in the last quarter. Finally, Renaissance Group LLC acquired a new stake in Booz Allen Hamilton during the 4th quarter worth $23,667,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BAH has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. Finally, Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. 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 has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Trading Down 0.1 %

Shares of BAH stock traded down $0.10 during trading hours on Friday, reaching $119.23. The company's stock had a trading volume of 519,262 shares, compared to its average volume of 2,617,986. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm's fifty day simple moving average is $110.51 and its 200 day simple moving average is $133.60. The stock has a market capitalization of $15.10 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current 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 paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.85%. Booz Allen Hamilton's payout ratio is presently 32.79%.

About Booz Allen Hamilton

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.