Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Capital World Investors

Capital World Investors raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 591.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 349,917 shares of the business services provider's stock after buying an additional 299,283 shares during the quarter. Capital World Investors owned approximately 0.28% of Booz Allen Hamilton worth $45,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Barclays PLC lifted its stake in Booz Allen Hamilton by 17.1% in the third quarter. Barclays PLC now owns 101,365 shares of the business services provider's stock valued at $16,497,000 after buying an additional 14,826 shares during the last quarter. Anchor Investment Management LLC raised its stake in shares of Booz Allen Hamilton by 865.7% during the third quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider's stock worth $105,000 after purchasing an additional 580 shares during the last quarter. World Investment Advisors LLC raised its stake in shares of Booz Allen Hamilton by 26.1% during the third quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider's stock worth $1,094,000 after purchasing an additional 1,390 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Booz Allen Hamilton by 17.7% during the third quarter. Tidal Investments LLC now owns 13,165 shares of the business services provider's stock worth $2,143,000 after purchasing an additional 1,979 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Booz Allen Hamilton by 9.1% during the third quarter. Franklin Resources Inc. now owns 87,607 shares of the business services provider's stock worth $14,249,000 after purchasing an additional 7,271 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH traded up $0.41 during midday trading on Friday, hitting $119.74. The company had a trading volume of 1,706,677 shares, compared to its average volume of 1,525,791. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59. The business has a 50-day simple moving average of $110.52 and a two-hundred day simple moving average of $132.94. The firm has a market capitalization of $15.16 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) 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%. Equities research analysts anticipate 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 announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

BAH has been the subject of several analyst reports. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. The Goldman Sachs Group restated a "neutral" rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. Raymond James upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target for the company in a research note on Monday, February 3rd. Finally, Wells Fargo & Company cut their price objective on 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. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and an average target price of $146.45.

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.