Quantinno Capital Management LP Acquires 5,807 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Quantinno Capital Management LP grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 117.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,738 shares of the business services provider's stock after buying an additional 5,807 shares during the quarter. Quantinno Capital Management LP's holdings in Booz Allen Hamilton were worth $1,382,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BAH. Barclays PLC grew its position in Booz Allen Hamilton by 17.1% in the third quarter. Barclays PLC now owns 101,365 shares of the business services provider's stock valued at $16,497,000 after acquiring an additional 14,826 shares during the period. HB Wealth Management LLC boosted its stake in shares of Booz Allen Hamilton by 5.0% in the 4th quarter. HB Wealth Management LLC now owns 2,470 shares of the business services provider's stock valued at $318,000 after purchasing an additional 118 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of Booz Allen Hamilton by 2,033.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 31,765 shares of the business services provider's stock worth $4,088,000 after purchasing an additional 30,276 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Booz Allen Hamilton by 1,500.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,401 shares of the business services provider's stock worth $824,000 after purchasing an additional 6,001 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Booz Allen Hamilton by 25.7% during the 4th quarter. SG Americas Securities LLC now owns 894 shares of the business services provider's stock worth $115,000 after purchasing an additional 183 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BAH has been the topic of a number of recent analyst reports. The Goldman Sachs Group lowered shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and set a $94.00 price target on the stock. in a research report on Wednesday. Wells Fargo & Company reduced their target price 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. Truist Financial dropped their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a report on Monday, April 14th. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. Finally, Raymond James restated a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $136.90.

Booz Allen Hamilton Trading Down 3.9%

Shares of BAH traded down $4.30 on Wednesday, reaching $105.51. 713,383 shares of the company's stock were exchanged, compared to its average volume of 1,609,437. Booz Allen Hamilton Holding Co. has a 12 month low of $101.05 and a 12 month high of $190.59. The stock has a market capitalization of $13.36 billion, a P/E ratio of 15.72, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. 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 business has a 50 day moving average price of $115.18 and a two-hundred day moving average price of $125.37.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results 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. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the prior year, the business posted $1.33 EPS. The firm's quarterly revenue was up 7.3% on a year-over-year basis. Research analysts anticipate that Booz Allen Hamilton Holding Co. 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 will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $2.20 annualized dividend and a dividend yield of 2.09%. Booz Allen Hamilton's payout ratio is currently 32.79%.

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.