Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares Purchased by First Command Advisory Services Inc.

First Command Advisory Services Inc. increased its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 368.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,981 shares of the business services provider's stock after purchasing an additional 3,131 shares during the quarter. First Command Advisory Services Inc.'s holdings in Booz Allen Hamilton were worth $416,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Trajan Wealth LLC grew its holdings in Booz Allen Hamilton by 5.8% during the fourth quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock worth $216,000 after acquiring an additional 92 shares during the period. Personal CFO Solutions LLC grew its holdings in Booz Allen Hamilton by 3.5% during the first quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock worth $286,000 after acquiring an additional 92 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Booz Allen Hamilton by 74.5% during the first 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 during the period. Yousif Capital Management LLC grew its holdings in Booz Allen Hamilton by 5.5% during the first quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after acquiring an additional 124 shares during the period. Finally, Amalgamated Bank grew its holdings in Booz Allen Hamilton by 1.3% during the first quarter. Amalgamated Bank now owns 9,414 shares of the business services provider's stock worth $985,000 after acquiring an additional 124 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $107.79 on Tuesday. The business's 50-day moving average price is $110.36 and its 200 day moving average price is $115.98. Booz Allen Hamilton Holding Corporation has a twelve month low of $98.95 and a twelve month high of $190.59. The company has a market capitalization of $13.39 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 1.67 and a beta of 0.48. 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 (NYSE:BAH - Get Free Report) last announced its quarterly earnings results 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 company 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 72.35% and a net margin of 7.81%. The firm's revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.33 earnings per share. On average, research analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th were paid a $0.55 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.04%. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 30.34%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Truist Financial decreased their target price on 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. Barclays decreased their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Wednesday, May 28th. UBS Group boosted their target price on Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Finally, Raymond James Financial reiterated 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, eight have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $134.64.

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.

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