Physician Wealth Advisors Inc. acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 427 shares of the business services provider’s stock, valued at approximately $55,000.
A number of other large investors have also added to or reduced their stakes in BAH. GW&K Investment Management LLC raised its stake in Booz Allen Hamilton by 0.7% during the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock worth $59,397,000 after buying an additional 3,435 shares during the last quarter. Versor Investments LP acquired a new stake in Booz Allen Hamilton during the 4th quarter worth about $933,000. Bridges Investment Management Inc. raised its position in shares of Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after acquiring an additional 18,930 shares in the last quarter. Cumberland Partners Ltd boosted its position in shares of Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock valued at $12,784,000 after purchasing an additional 47,655 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after purchasing an additional 324,159 shares during the period. Institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Stock Performance
Shares of BAH opened at $104.84 on Tuesday. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. 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 stock has a 50 day moving average price of $117.73 and a two-hundred day moving average price of $139.89. The firm has a market capitalization of $13.28 billion, a P/E ratio of 15.63, a P/E/G ratio of 1.25 and a beta of 0.56.
Booz Allen Hamilton Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date 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 yield of 2.10%. Booz Allen Hamilton’s payout ratio is 32.79%.
Analyst Ratings Changes
BAH has been the topic of several recent analyst reports. The Goldman Sachs Group dropped their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. UBS Group assumed coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Monday, February 3rd. Finally, William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $158.27.
Read Our Latest Research Report on Booz Allen Hamilton
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.
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