Farmers & Merchants Investments Inc. Grows Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Farmers & Merchants Investments Inc. grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,102 shares of the business services provider’s stock after purchasing an additional 2,436 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Booz Allen Hamilton were worth $7,993,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BAH. Oppenheimer & Co. Inc. increased its position in Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after buying an additional 59 shares in the last quarter. Moody Aldrich Partners LLC increased its holdings in shares of Booz Allen Hamilton by 4.7% during the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after acquiring an additional 74 shares in the last quarter. Bleakley Financial Group LLC raised its position in shares of Booz Allen Hamilton by 4.3% in the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 75 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Booz Allen Hamilton by 13.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock worth $111,000 after purchasing an additional 79 shares in the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its position in Booz Allen Hamilton by 2.0% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BAH. TD Cowen decreased their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Cantor Fitzgerald initiated coverage on Booz Allen Hamilton in a research note on Friday. They set an “overweight” rating and a $160.00 price target on the stock. Wells Fargo & Company reduced their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $158.91.

Booz Allen Hamilton Trading Down 1.0 %

Booz Allen Hamilton stock opened at $127.92 on Friday. 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 firm has a market cap of $16.20 billion, a PE ratio of 19.06, a P/E/G ratio of 1.53 and a beta of 0.55. The stock’s 50 day simple moving average is $134.36 and its two-hundred day simple moving average is $149.88. Booz Allen Hamilton Holding Co. has a 12 month low of $121.02 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating 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 70.51%. Analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share 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. Shareholders of record on Friday, February 14th will be given a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 1.72%. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

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.