Impact Partnership Wealth LLC Acquires Shares of 4,333 Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Impact Partnership Wealth LLC acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,333 shares of the business services provider's stock, valued at approximately $453,000.

A number of other large investors have also recently added to or reduced their stakes in BAH. Trajan Wealth LLC grew its stake 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 purchasing an additional 92 shares during the period. Personal CFO Solutions LLC lifted its holdings in Booz Allen Hamilton by 3.5% during the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock worth $286,000 after purchasing an additional 92 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after purchasing an additional 105 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider's stock worth $250,000 after purchasing an additional 124 shares in the last quarter. Finally, Amalgamated Bank lifted its holdings in Booz Allen Hamilton by 1.3% during the 1st quarter. Amalgamated Bank now owns 9,414 shares of the business services provider's stock worth $985,000 after purchasing an additional 124 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on BAH shares. Wall Street Zen cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. UBS Group raised their price target on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a report on Monday, May 19th. The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and lowered their price target for the company from $108.00 to $94.00 in a report on Wednesday, May 28th. Barclays lowered their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 28th. Finally, Wells Fargo & Company lowered their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus target price of $134.64.

Booz Allen Hamilton Stock Up 1.8%

Shares of BAH traded up $1.94 on Tuesday, reaching $111.26. The stock had a trading volume of 1,063,601 shares, compared to its average volume of 1,815,106. The firm has a market capitalization of $13.82 billion, a price-to-earnings ratio of 15.36, a price-to-earnings-growth ratio of 1.71 and a beta of 0.48. The company has a debt-to-equity ratio of 3.90, a quick ratio of 1.79 and a current ratio of 1.79. The company has a 50-day simple moving average of $108.80 and a 200-day simple moving average of $115.23. Booz Allen Hamilton Holding Corporation has a 12-month low of $98.95 and a 12-month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.33 EPS. Sell-side analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 11th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend was Wednesday, June 11th. Booz Allen Hamilton's payout ratio is currently 30.34%.

Booz Allen Hamilton Company 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.