Private Capital Advisors Inc. Invests $274,000 in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Private Capital Advisors Inc. bought a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,620 shares of the business services provider's stock, valued at approximately $274,000.

Several other hedge funds have also modified their holdings of the stock. FIL Ltd raised its position in Booz Allen Hamilton by 63.3% during the fourth quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock valued at $19,735,000 after buying an additional 59,440 shares during the period. Capital World Investors raised its position in Booz Allen Hamilton by 591.1% during the fourth quarter. Capital World Investors now owns 349,917 shares of the business services provider's stock valued at $45,034,000 after buying an additional 299,283 shares during the period. Asset Management One Co. Ltd. raised its position in Booz Allen Hamilton by 10.2% during the first quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock valued at $5,531,000 after buying an additional 4,905 shares during the period. Natixis raised its position in Booz Allen Hamilton by 3,032.5% during the fourth quarter. Natixis now owns 42,163 shares of the business services provider's stock valued at $5,426,000 after buying an additional 40,817 shares during the period. Finally, Magnetar Financial LLC acquired a new position in Booz Allen Hamilton during the fourth quarter valued at $4,740,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded up $4.00 during mid-day trading on Thursday, reaching $109.00. The stock had a trading volume of 2,035,181 shares, compared to its average volume of 1,811,238. The firm's 50 day simple moving average is $109.10 and its 200 day simple moving average is $115.54. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 3.90. Booz Allen Hamilton Holding Corporation has a one year low of $98.95 and a one year high of $190.59. The firm has a market cap of $13.54 billion, a PE ratio of 15.03, a P/E/G ratio of 1.64 and a beta of 0.48.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, topping analysts' consensus estimates 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 company 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 EPS. The company's quarterly revenue was up 7.3% on a year-over-year basis. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS 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 issued 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 2.02%. Booz Allen Hamilton's payout ratio is presently 30.34%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Stifel Nicolaus assumed 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. The Goldman Sachs Group lowered Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Barclays dropped 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. Wall Street Zen lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, JPMorgan Chase & Co. dropped their target price 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus 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.