Natixis Grows Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Natixis raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 3,032.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,163 shares of the business services provider's stock after purchasing an additional 40,817 shares during the quarter. Natixis' holdings in Booz Allen Hamilton were worth $5,426,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in BAH. Bogart Wealth LLC lifted its stake in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock worth $25,000 after acquiring an additional 155 shares during the period. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC boosted its holdings in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after purchasing an additional 134 shares in the last quarter. SRS Capital Advisors Inc. increased its position in Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after purchasing an additional 232 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $31,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Up 0.3 %

Shares of NYSE:BAH traded up $0.41 during trading on Friday, reaching $119.74. The stock had a trading volume of 1,706,677 shares, compared to its average volume of 1,521,311. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The business has a fifty day moving average price of $110.52 and a 200-day moving average price of $133.32. The stock has a market cap of $15.16 billion, a P/E ratio of 17.85, a PEG ratio of 1.25 and a beta of 0.58. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.84%. Booz Allen Hamilton's payout ratio is currently 32.79%.

Wall Street Analysts Forecast Growth

BAH has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $109.00 price objective (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. TD Cowen decreased their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. 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. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. Finally, Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton 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.