SPC Financial Inc. Makes New Investment in Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Key Points

• SPC Financial Inc. acquired a new stake in Booz Allen Hamilton, purchasing 4,542 shares valued at approximately $475,000.
• Analyst ratings for Booz Allen Hamilton show a mixed outlook, with two sell ratings, seven hold ratings, three buy ratings, and one strong buy rating.
• Booz Allen Hamilton recently declared a quarterly dividend of $0.55, translating to an annual yield of 2.0%.

SPC Financial Inc. bought a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,542 shares of the business services provider's stock, valued at approximately $475,000.

Other large investors have also modified their holdings of the company. Schroder Investment Management Group lifted its stake in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Schroder Investment Management Group now owns 4,253 shares of the business services provider's stock worth $546,000 after acquiring an additional 1,449 shares during the period. Franklin Resources Inc. lifted its stake in shares of Booz Allen Hamilton by 25.5% in the 4th quarter. Franklin Resources Inc. now owns 109,943 shares of the business services provider's stock worth $14,150,000 after acquiring an additional 22,336 shares during the period. National Bank of Canada FI increased its holdings in shares of Booz Allen Hamilton by 98.5% in the 4th quarter. National Bank of Canada FI now owns 20,273 shares of the business services provider's stock valued at $2,609,000 after purchasing an additional 10,061 shares in the last quarter. ExodusPoint Capital Management LP purchased a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $11,505,000. Finally, Landscape Capital Management L.L.C. purchased a new position in Booz Allen Hamilton during the 4th quarter valued at about $912,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

BAH stock traded down $1.03 during trading on Tuesday, hitting $110.40. 144,938 shares of the company's stock traded hands, compared to its average volume of 2,347,158. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59. The stock has a fifty day moving average price of $105.92 and a two-hundred day moving average price of $113.50. The stock has a market capitalization of $13.61 billion, a price-to-earnings ratio of 13.57, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the company posted $1.38 earnings per share. The company's quarterly revenue was down .6% compared to the same quarter last year. As a group, equities analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is presently 27.03%.

Analysts Set New Price Targets

Several research firms have weighed in on BAH. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a "neutral" rating to a "sell" rating and dropped their target price for the company from $108.00 to $94.00 in a report on Wednesday, May 28th. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Wall Street Zen cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $134.00.

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.