Aigen Investment Management LP Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Aigen Investment Management LP recently made a new investment of $364,000 in Booz Allen Hamilton Holding Corporation, acquiring 3,484 shares of the company's stock.
• Booz Allen Hamilton reported earnings of $1.48 per share for the latest quarter, surpassing analysts' expectations by $0.03, though revenue fell .6% year-over-year.
• The company announced a quarterly dividend of $0.55 per share, resulting in an annual yield of 2.0%, with the payment scheduled for August 29th.

Aigen Investment Management LP purchased a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,484 shares of the business services provider's stock, valued at approximately $364,000.

A number of other large investors have also modified their holdings of the stock. Trajan Wealth LLC increased its holdings in Booz Allen Hamilton by 5.8% in the fourth quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock valued at $216,000 after buying an additional 92 shares during the last quarter. Personal CFO Solutions LLC increased its holdings in shares of Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock valued at $286,000 after acquiring an additional 92 shares during the last quarter. Raiffeisen Bank International AG increased its holdings in shares of Booz Allen Hamilton by 4.9% in the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock valued at $225,000 after acquiring an additional 100 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after acquiring an additional 105 shares in the last quarter. Finally, Intrust Bank NA lifted its stake in Booz Allen Hamilton by 2.6% during the first quarter. Intrust Bank NA now owns 4,544 shares of the business services provider's stock worth $475,000 after purchasing an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded up $1.04 during mid-day trading on Monday, hitting $110.36. The stock had a trading volume of 438,907 shares, compared to its average volume of 2,311,806. The firm has a market cap of $13.60 billion, a PE ratio of 13.56, a PEG ratio of 1.72 and a beta of 0.47. The company's 50-day simple moving average is $106.91 and its 200-day simple moving average is $111.96. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.78. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $98.95 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the firm earned $1.38 earnings per share. The firm's revenue was down .6% compared to the same quarter last year. Sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio is presently 27.03%.

Analyst Ratings Changes

Several brokerages recently commented on BAH. Wells Fargo & Company cut their price target on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday, May 23rd. Wall Street Zen downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Stifel Nicolaus raised their price target on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, July 28th. Barclays reduced their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. Finally, Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus price target of $134.00.

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.