Compagnie Lombard Odier SCmA Makes New Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Compagnie Lombard Odier SCmA purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 16,113 shares of the business services provider's stock, valued at approximately $1,685,000.

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

Booz Allen Hamilton Trading Down 1.2%

Shares of NYSE BAH traded down $1.23 during trading hours on Monday, hitting $102.07. 2,051,055 shares of the company traded hands, compared to its average volume of 1,698,446. The stock has a market capitalization of $12.68 billion, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 1.25 and a beta of 0.49. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company's 50 day moving average price is $114.06 and its 200 day moving average price is $120.25. Booz Allen Hamilton Holding Co. has a 12 month low of $99.13 and a 12 month high of $190.59.

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 for the quarter, beating analysts' consensus estimates of $1.59 by $0.02. The business had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $3.03 billion. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The business's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.33 earnings per share. On average, equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Wednesday, June 11th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 30.34%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on BAH shares. UBS Group lifted their target price on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a research note on Monday, May 19th. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Raymond James reiterated a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and reduced their price target for the company from $108.00 to $94.00 in a report on Wednesday, May 28th. Finally, Truist Financial reduced their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price 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.