Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares Acquired by Copeland Capital Management LLC

Copeland Capital Management LLC increased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 57.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 347,650 shares of the business services provider's stock after purchasing an additional 127,446 shares during the quarter. Copeland Capital Management LLC owned 0.27% of Booz Allen Hamilton worth $36,357,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. M&T Bank Corp grew its position in Booz Allen Hamilton by 0.9% in the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock valued at $1,309,000 after acquiring an additional 88 shares during the last quarter. Verdence Capital Advisors LLC grew its position in Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock valued at $2,134,000 after acquiring an additional 90 shares during the last quarter. Trajan Wealth LLC grew its position in Booz Allen Hamilton by 5.8% in the 4th quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock valued at $216,000 after acquiring an additional 92 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock valued at $26,000 after acquiring an additional 105 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Booz Allen Hamilton by 33.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 440 shares of the business services provider's stock valued at $56,000 after acquiring an additional 110 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on BAH. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. UBS Group increased their price target 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. Stifel Nicolaus began coverage on Booz Allen Hamilton in a research report on Tuesday, June 24th. They set a "hold" rating and a $112.00 price target on the stock. Wells Fargo & Company dropped their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Finally, The Goldman Sachs Group downgraded Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their price target for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $134.64.

Booz Allen Hamilton Stock Down 0.1%

NYSE BAH traded down $0.12 during trading on Friday, hitting $103.15. The company's stock had a trading volume of 3,780,248 shares, compared to its average volume of 1,745,637. The company has a debt-to-equity ratio of 3.90, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market cap of $12.81 billion, a PE ratio of 14.23, a P/E/G ratio of 1.60 and a beta of 0.49. The business's 50 day simple moving average is $112.45 and its 200-day simple moving average is $117.69. 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 issued its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 72.35% and a net margin of 7.81%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter last year, the company earned $1.33 earnings per share. The company's quarterly revenue was up 7.3% on a year-over-year basis. On average, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend was Wednesday, June 11th. Booz Allen Hamilton's payout ratio is presently 30.34%.

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.