Booz Allen Hamilton Holding Co. (NYSE:BAH) Stock Holdings Lifted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 92.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,599 shares of the business services provider's stock after purchasing an additional 2,691 shares during the quarter. Tower Research Capital LLC TRC's holdings in Booz Allen Hamilton were worth $721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in BAH. Barclays PLC lifted its holdings in shares of Booz Allen Hamilton by 17.1% during the 3rd quarter. Barclays PLC now owns 101,365 shares of the business services provider's stock worth $16,497,000 after acquiring an additional 14,826 shares during the period. Anchor Investment Management LLC grew its stake in Booz Allen Hamilton by 865.7% during the third quarter. Anchor Investment Management LLC now owns 647 shares of the business services provider's stock worth $105,000 after buying an additional 580 shares during the period. World Investment Advisors LLC increased its position in shares of Booz Allen Hamilton by 26.1% in the third quarter. World Investment Advisors LLC now owns 6,719 shares of the business services provider's stock worth $1,094,000 after acquiring an additional 1,390 shares in the last quarter. Tidal Investments LLC increased its position in shares of Booz Allen Hamilton by 17.7% in the third quarter. Tidal Investments LLC now owns 13,165 shares of the business services provider's stock worth $2,143,000 after acquiring an additional 1,979 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Booz Allen Hamilton by 9.1% in the 3rd quarter. Franklin Resources Inc. now owns 87,607 shares of the business services provider's stock valued at $14,249,000 after acquiring an additional 7,271 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Down 0.2 %

Shares of BAH stock traded down $0.26 during mid-day trading on Thursday, reaching $119.76. 968,881 shares of the company were exchanged, compared to its average volume of 1,528,351. The company has a market capitalization of $15.17 billion, a P/E ratio of 17.90, a P/E/G ratio of 1.25 and a beta of 0.58. The business's 50 day simple moving average is $110.81 and its 200 day simple moving average is $132.47. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Truist Financial lowered their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. Finally, TD Cowen reduced their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target 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.