GDS Wealth Management Invests $216,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

GDS Wealth Management bought a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,677 shares of the business services provider’s stock, valued at approximately $216,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. KPP Advisory Services LLC purchased a new position in Booz Allen Hamilton during the 4th quarter valued at about $331,000. DAVENPORT & Co LLC grew its position in shares of Booz Allen Hamilton by 45.6% in the 4th quarter. DAVENPORT & Co LLC now owns 49,798 shares of the business services provider’s stock worth $6,405,000 after buying an additional 15,592 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after acquiring an additional 82 shares in the last quarter. Caprock Group LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter worth $502,000. Finally, Fortune Financial Advisors LLC boosted its holdings in Booz Allen Hamilton by 7.5% in the fourth quarter. Fortune Financial Advisors LLC now owns 3,507 shares of the business services provider’s stock valued at $451,000 after acquiring an additional 244 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BAH. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research note on Monday, January 6th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. TD Cowen dropped 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 research note on Wednesday, January 8th. Finally, Raymond James upgraded 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 report on Monday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $158.80.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $129.51 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $16.55 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 12 month low of $121.02 and a 12 month high of $190.59. The firm’s 50-day moving average is $135.43 and its 200 day moving average is $150.35.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 70.51% and a net margin of 7.39%. Research analysts predict that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.70%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 30.40%.

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.