Dimensional Fund Advisors LP Purchases 170,934 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Dimensional Fund Advisors LP raised its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 15.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,254,345 shares of the business services provider's stock after purchasing an additional 170,934 shares during the period. Dimensional Fund Advisors LP owned approximately 0.99% of Booz Allen Hamilton worth $161,434,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BAH. Bogart Wealth LLC increased its holdings in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock worth $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management purchased a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its position in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after purchasing an additional 134 shares during the period. R Squared Ltd purchased a new stake in Booz Allen Hamilton in the fourth quarter worth approximately $31,000. Finally, SRS Capital Advisors Inc. grew its position in Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after purchasing an additional 232 shares during the period. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

BAH stock traded up $0.68 during trading on Wednesday, hitting $119.98. 1,530,381 shares of the company's stock traded hands, compared to its average volume of 1,530,066. The business has a fifty day simple moving average of $110.81 and a 200 day simple moving average of $132.47. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $15.19 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly 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 return on equity of 68.97% and a net margin of 7.39%. As a group, research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.83%. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on BAH shares. TD Cowen reduced their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Truist Financial decreased 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 research report on Monday, April 14th. Wells Fargo & Company cut their price objective 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. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $109.00 target price (down from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus 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.