Impax Asset Management Group plc Has $5.87 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Impax Asset Management Group plc lowered its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,603 shares of the business services provider’s stock after selling 1,712 shares during the period. Impax Asset Management Group plc’s holdings in Booz Allen Hamilton were worth $5,869,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton in the third quarter valued at approximately $31,000. Bogart Wealth LLC lifted its holdings in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the period. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. Roxbury Financial LLC acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $35,000. Finally, Berbice Capital Management LLC acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.1 %

BAH opened at $112.17 on Tuesday. Booz Allen Hamilton Holding Co. has a 1-year low of $106.69 and a 1-year high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market cap of $14.21 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55. The company has a fifty day moving average price of $128.99 and a two-hundred day moving average price of $147.54.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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 68.97%. Analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid 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 yield of 1.96%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s payout ratio is 32.79%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BAH shares. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Finally, Cantor Fitzgerald initiated coverage on shares of Booz Allen Hamilton in a research note on Friday, February 7th. They set an “overweight” rating and a $160.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $158.91.

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.