Edmond DE Rothschild Holding S.A. Buys 120,373 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Edmond DE Rothschild Holding S.A. lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 28.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 548,037 shares of the business services provider’s stock after acquiring an additional 120,373 shares during the period. Booz Allen Hamilton makes up about 1.2% of Edmond DE Rothschild Holding S.A.’s investment portfolio, making the stock its 19th largest holding. Edmond DE Rothschild Holding S.A. owned about 0.43% of Booz Allen Hamilton worth $70,532,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BAH. O Shaughnessy Asset Management LLC raised its stake in shares of Booz Allen Hamilton by 15.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 43,477 shares of the business services provider’s stock valued at $5,595,000 after purchasing an additional 5,673 shares during the period. Physician Wealth Advisors Inc. acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at approximately $55,000. Schroder Investment Management Group boosted its position in Booz Allen Hamilton by 51.7% during the 4th quarter. Schroder Investment Management Group now owns 4,253 shares of the business services provider’s stock worth $546,000 after acquiring an additional 1,449 shares during the last quarter. Allstate Corp bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth approximately $480,000. Finally, Brown Brothers Harriman & Co. raised its holdings in shares of Booz Allen Hamilton by 1,132.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 308 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 283 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BAH. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. The Goldman Sachs Group dropped their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $105.30 on Monday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The stock has a market cap of $13.34 billion, a PE ratio of 15.69, a P/E/G ratio of 1.25 and a beta of 0.56. The firm has a 50-day moving average of $118.36 and a 200-day moving average of $140.24. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

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, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is presently 32.79%.

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.