Asset Management One Co. Ltd. Grows Position in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Asset Management One Co. Ltd. boosted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 10.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,889 shares of the business services provider's stock after buying an additional 4,905 shares during the period. Asset Management One Co. Ltd.'s holdings in Booz Allen Hamilton were worth $5,531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter valued at $383,000. Manning & Napier Advisors LLC purchased a new position in shares of Booz Allen Hamilton in the 1st quarter worth about $936,000. Kentucky Retirement Systems bought a new position in shares of Booz Allen Hamilton during the 1st quarter valued at about $900,000. Cabot Wealth Management Inc. raised its holdings in shares of Booz Allen Hamilton by 7.2% during the 1st quarter. Cabot Wealth Management Inc. now owns 32,622 shares of the business services provider's stock valued at $3,412,000 after buying an additional 2,187 shares in the last quarter. Finally, PFG Investments LLC lifted its position in Booz Allen Hamilton by 28.5% in the 1st quarter. PFG Investments LLC now owns 2,306 shares of the business services provider's stock worth $241,000 after buying an additional 511 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

NYSE BAH traded up $1.40 during trading hours on Tuesday, hitting $105.53. 558,669 shares of the company's stock traded hands, compared to its average volume of 2,406,782. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 3.90. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The firm has a market capitalization of $13.11 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.60 and a beta of 0.49. The business's fifty day moving average price is $112.29 and its two-hundred day moving average price is $117.48.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.59 by $0.02. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.03 billion. Booz Allen Hamilton had a return on equity of 72.35% and a net margin of 7.81%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.33 earnings per share. Equities research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date was Wednesday, June 11th. Booz Allen Hamilton's dividend payout ratio (DPR) is 30.34%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BAH. Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Barclays decreased their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a report on Wednesday, May 28th. UBS Group upped their target price on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. JPMorgan Chase & Co. lowered their price target 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. Finally, Raymond James Financial restated a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. Two investment analysts have rated the stock with a sell rating, eight 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, the company presently has a consensus rating of "Hold" and an average target price of $134.64.

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.