XTX Topco Ltd Purchases 15,043 Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Key Points

• XTX Topco Ltd increased its stake in Booz Allen Hamilton by 348.1% during Q1, resulting in a total holding of 19,365 shares valued at approximately $2.03 million.
• Booz Allen Hamilton recently reported an EPS of $1.48 for the quarter, surpassing the consensus estimate, while revenue slightly decreased by 0.6% year-over-year.
• The company announced a quarterly dividend of $0.55, with a yield of 2.05%, to be paid on August 29th to shareholders of record on August 14th.

XTX Topco Ltd lifted its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 348.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,365 shares of the business services provider's stock after acquiring an additional 15,043 shares during the quarter. XTX Topco Ltd's holdings in Booz Allen Hamilton were worth $2,025,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. FIL Ltd lifted its holdings 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 purchasing an additional 59,440 shares in the last quarter. Capital World Investors grew its holdings in shares of Booz Allen Hamilton by 591.1% in the fourth quarter. Capital World Investors now owns 349,917 shares of the business services provider's stock worth $45,034,000 after purchasing an additional 299,283 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of Booz Allen Hamilton by 10.2% in the first quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock worth $5,531,000 after purchasing an additional 4,905 shares during the last quarter. Natixis grew its holdings in Booz Allen Hamilton by 3,032.5% during the 4th quarter. Natixis now owns 42,163 shares of the business services provider's stock worth $5,426,000 after acquiring an additional 40,817 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at about $11,715,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on BAH. William Blair upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a research note on Monday, July 21st. Truist Financial dropped 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 report on Monday, April 14th. JPMorgan Chase & Co. increased their price target on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. UBS Group raised their price objective on shares of Booz Allen Hamilton from $115.00 to $119.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Finally, Raymond James Financial reiterated a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $134.00.

Booz Allen Hamilton Trading Up 2.2%

Shares of Booz Allen Hamilton stock traded up $2.39 during trading hours on Friday, hitting $109.72. The company's stock had a trading volume of 2,082,259 shares, compared to its average volume of 2,037,572. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.78 and a quick ratio of 1.79. The company has a market capitalization of $13.52 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 1.68 and a beta of 0.47. Booz Allen Hamilton Holding Corporation has a 12 month low of $98.95 and a 12 month high of $190.59. The stock has a 50 day moving average of $105.85 and a 200 day moving average of $113.98.

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

Booz Allen Hamilton Announces Dividend

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

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.