E. Ohman J or Asset Management AB Invests $792,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

E. Ohman J or Asset Management AB purchased a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,150 shares of the business services provider’s stock, valued at approximately $792,000.

Other institutional investors also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the third quarter worth approximately $31,000. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $45,000. Berbice Capital Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $39,000. Finally, Kennebec Savings Bank purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at approximately $60,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 2.0 %

BAH opened at $129.30 on Thursday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton Holding Co. has a one year low of $121.02 and a one year high of $190.59. The business’s fifty day moving average is $134.73 and its two-hundred day moving average is $150.03. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 1.53 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data 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 70.51% and a net margin of 7.39%. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

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

Analysts Set New Price Targets

A number of research firms recently weighed in on BAH. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a research note on Monday, January 6th. UBS Group began coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research note on Monday. TD Cowen decreased their price target on 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, Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $158.80.

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.