Tidal Investments LLC Increases Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Tidal Investments LLC increased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 38.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,234 shares of the business services provider's stock after buying an additional 5,069 shares during the quarter. Tidal Investments LLC's holdings in Booz Allen Hamilton were worth $2,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BAH. Moody Aldrich Partners LLC boosted its stake in Booz Allen Hamilton by 4.7% in the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after buying an additional 74 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock worth $234,000 after purchasing an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Booz Allen Hamilton by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after acquiring an additional 82 shares during the period. M&T Bank Corp boosted its holdings in shares of Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after buying an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 0.5% during the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock worth $2,134,000 after buying an additional 90 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock traded down $5.11 during midday trading on Wednesday, reaching $104.70. 895,015 shares of the stock traded hands, compared to its average volume of 1,610,099. The stock's fifty day moving average is $115.18 and its 200-day moving average is $125.37. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The stock has a market cap of $13.26 billion, a P/E ratio of 15.60, a PEG ratio of 1.25 and a beta of 0.56. 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 (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.02. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The company's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the company earned $1.33 EPS. As a group, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th will be issued a $0.55 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.10%. Booz Allen Hamilton's dividend payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BAH. JPMorgan Chase & Co. cut their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. Wall Street Zen lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday. The Goldman Sachs Group lowered Booz Allen Hamilton from a "neutral" rating to a "sell" rating and set a $94.00 price target for the company. in a research report on Wednesday. Truist Financial lowered their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Finally, Raymond James reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $136.90.

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.