KPP Advisory Services LLC raised its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 20.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,996 shares of the business services provider’s stock after buying an additional 844 shares during the period. KPP Advisory Services LLC’s holdings in Booz Allen Hamilton were worth $520,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Asset Management One Co. Ltd. boosted its position in Booz Allen Hamilton by 10.2% during the first quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider’s stock worth $5,531,000 after purchasing an additional 4,905 shares during the period. Alta Capital Management LLC boosted its holdings in shares of Booz Allen Hamilton by 10.2% during the 1st quarter. Alta Capital Management LLC now owns 225,636 shares of the business services provider’s stock worth $23,597,000 after buying an additional 20,848 shares during the period. Yousif Capital Management LLC grew its stake in Booz Allen Hamilton by 5.5% in the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider’s stock valued at $250,000 after buying an additional 124 shares during the last quarter. First Command Advisory Services Inc. raised its holdings in Booz Allen Hamilton by 368.4% in the 1st quarter. First Command Advisory Services Inc. now owns 3,981 shares of the business services provider’s stock valued at $416,000 after acquiring an additional 3,131 shares during the period. Finally, Bessemer Group Inc. lifted its position in Booz Allen Hamilton by 15.3% during the first quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider’s stock worth $178,853,000 after acquiring an additional 226,761 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.
Booz Allen Hamilton Price Performance
BAH stock opened at $103.89 on Monday. The company’s 50-day moving average price is $105.91 and its two-hundred day moving average price is $109.01. The firm has a market cap of $12.80 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.64 and a beta of 0.42. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 12 month low of $96.96 and a 12 month high of $190.59.
Booz Allen Hamilton Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.1%. Booz Allen Hamilton’s payout ratio is 27.03%.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on BAH shares. JPMorgan Chase & Co. upped their target price on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a research report on Monday, July 28th. Stifel Nicolaus upped their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a report on Monday, July 28th. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Saturday, September 27th. Finally, William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $134.00.
Check Out Our Latest Stock Analysis on Booz Allen Hamilton
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.
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