International Assets Investment Management LLC Makes New Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

International Assets Investment Management LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 99,642 shares of the business services provider's stock, valued at approximately $127,450,000. International Assets Investment Management LLC owned about 0.08% of Booz Allen Hamilton at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BAH. Roundview Capital LLC lifted its stake in shares of Booz Allen Hamilton by 2.5% in the 1st quarter. Roundview Capital LLC now owns 23,668 shares of the business services provider's stock valued at $2,079,000 after purchasing an additional 580 shares during the period. D.A. Davidson & CO. purchased a new stake in shares of Booz Allen Hamilton in the first quarter worth approximately $212,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Booz Allen Hamilton in the first quarter worth approximately $274,000. MetLife Investment Management LLC purchased a new stake in shares of Booz Allen Hamilton in the first quarter worth approximately $746,000. Finally, Panagora Asset Management Inc. raised its stake in shares of Booz Allen Hamilton by 34.4% in the first quarter. Panagora Asset Management Inc. now owns 10,491 shares of the business services provider's stock worth $922,000 after purchasing an additional 2,685 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the firm's stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Kristine Anderson sold 5,068 shares of the firm's stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares in the company, valued at approximately $10,023,241.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,568 shares of company stock worth $8,067,487. Corporate insiders own 1.76% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH traded up $0.48 during trading on Friday, hitting $146.83. 655,195 shares of the company were exchanged, compared to its average volume of 460,853. The company has a market cap of $19.05 billion, a PE ratio of 47.36, a P/E/G ratio of 2.00 and a beta of 0.53. The stock has a 50 day moving average of $146.18 and a 200 day moving average of $131.85. Booz Allen Hamilton Holding Co. has a 52-week low of $89.80 and a 52-week high of $150.59. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter last year, the business posted $1.07 earnings per share. The firm's revenue was up 12.9% compared to the same quarter last year. As a group, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 5.41 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date was Friday, February 9th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.47. Booz Allen Hamilton's dividend payout ratio (DPR) is 65.81%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 6th. Truist Financial increased their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a "hold" rating in a research note on Monday, January 29th. Barclays lowered Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a report on Friday, January 5th. The Goldman Sachs Group upped their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a report on Monday, January 29th. Finally, Wells Fargo & Company upped their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of "Hold" and an average price target of $139.56.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.