UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 84,944 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 817,355 shares of the business services provider's stock after purchasing an additional 84,944 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.65% of Booz Allen Hamilton worth $105,194,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Moody Aldrich Partners LLC boosted its position in Booz Allen Hamilton by 4.7% during the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock worth $214,000 after purchasing an additional 74 shares during the period. Bleakley Financial Group LLC boosted its position in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock worth $234,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its position in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after purchasing an additional 82 shares during the period. M&T Bank Corp boosted its position in Booz Allen Hamilton by 0.9% during the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after purchasing an additional 88 shares during the period. Finally, Verdence Capital Advisors LLC boosted its position in Booz Allen Hamilton by 0.5% during the fourth quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock worth $2,134,000 after purchasing an additional 90 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lowered their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 15th. UBS Group raised their target price on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a research note on Monday, May 19th. Finally, Wall Street Zen downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Saturday. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $140.40.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH traded up $2.06 during midday trading on Tuesday, hitting $109.85. 3,123,514 shares of the company's stock traded hands, compared to its average volume of 1,612,493. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. The stock has a market capitalization of $13.91 billion, a price-to-earnings ratio of 16.37, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a fifty day moving average of $115.06 and a 200 day moving average of $125.48.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.33 EPS. On average, analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 11th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.00%. The ex-dividend date is Wednesday, June 11th. Booz Allen Hamilton's dividend payout ratio is 32.79%.

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.