3,100 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Two Sigma Advisers LP

Two Sigma Advisers LP acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,100 shares of the business services provider's stock, valued at approximately $399,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Booz Allen Hamilton in the 4th quarter valued at about $196,578,000. Raymond James Financial Inc. acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter worth approximately $173,055,000. Janus Henderson Group PLC grew its holdings in Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after purchasing an additional 1,135,426 shares during the period. Man Group plc grew its holdings in Booz Allen Hamilton by 2,293.2% in the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock valued at $145,224,000 after purchasing an additional 1,081,239 shares during the period. Finally, Bank of America Corp DE increased its position in Booz Allen Hamilton by 61.4% during the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock worth $199,770,000 after purchasing an additional 590,655 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BAH. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Raymond James reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Wells Fargo & Company cut their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. The Goldman Sachs Group lowered Booz Allen Hamilton from a "neutral" rating to a "sell" rating and reduced their price objective for the company from $108.00 to $94.00 in a research note on Wednesday, May 28th. Finally, JPMorgan Chase & Co. dropped their target price 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. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Booz Allen Hamilton currently has an average rating of "Hold" and an average price target of $136.90.

Booz Allen Hamilton Stock Up 1.0%

NYSE:BAH traded up $0.98 during trading hours on Friday, hitting $103.12. The stock had a trading volume of 1,691,661 shares, compared to its average volume of 1,660,745. The company has a market cap of $12.81 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The business has a 50 day simple moving average of $115.00 and a two-hundred day simple moving average of $122.77. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-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.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.02. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the business earned $1.33 EPS. The business's revenue was up 7.3% on a year-over-year basis. Analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 11th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, June 11th. Booz Allen Hamilton's dividend payout ratio (DPR) is 30.34%.

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.