Tower Research Capital LLC TRC Has $721,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

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

A number of other large investors have also recently modified their holdings of the business. Bogart Wealth LLC lifted its position in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares during the last quarter. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its stake in shares of 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. grew its holdings in shares of 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 valued at $31,000 after purchasing an additional 232 shares during the last quarter. Finally, R Squared Ltd bought a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BAH. TD Cowen cut 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. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 15th. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Monday, February 3rd. The Goldman Sachs Group reiterated a “neutral” rating and set a $109.00 target price (down from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Finally, William Blair cut shares of 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, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton has an average rating of “Hold” and an average target price of $146.45.

Booz Allen Hamilton Stock Up 0.3 %

Shares of NYSE:BAH opened at $119.74 on Friday. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The business’s 50-day moving average is $110.52 and its 200-day moving average is $133.12. The company has a market capitalization of $15.16 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities 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 business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Booz Allen Hamilton Company 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.