Y Intercept Hong Kong Ltd boosted its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 97.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 86,586 shares of the business services provider’s stock after purchasing an additional 42,712 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Booz Allen Hamilton were worth $9,016,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 149 shares in the last quarter. WPG Advisers LLC bought a new position in Booz Allen Hamilton in the 1st quarter valued at $35,000. Ransom Advisory Ltd bought a new position in Booz Allen Hamilton in the 1st quarter valued at $35,000. Banque Cantonale Vaudoise bought a new position in Booz Allen Hamilton in the 1st quarter valued at $37,000. Finally, Trust Co. of Toledo NA OH bought a new position in Booz Allen Hamilton in the 2nd quarter valued at $39,000. 91.82% of the stock is owned by institutional investors.
Booz Allen Hamilton Price Performance
Shares of NYSE:BAH opened at $91.61 on Monday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The firm has a market capitalization of $11.29 billion, a PE ratio of 13.99, a P/E/G ratio of 1.42 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a twelve month low of $88.11 and a twelve month high of $190.59. The company has a 50-day moving average price of $102.75 and a two-hundred day moving average price of $108.16.
Booz Allen Hamilton Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, November 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 27.03%.
Wall Street Analysts Forecast Growth
BAH has been the subject of several research reports. UBS Group set a $119.00 price target on shares of Booz Allen Hamilton and gave the company a “neutral” rating in a research report on Monday, July 28th. TD Cowen restated a “hold” rating and set a $105.00 price target (down previously from $125.00) on shares of Booz Allen Hamilton in a research report on Friday, October 17th. Truist Financial set a $90.00 target price on shares of Booz Allen Hamilton in a research report on Friday. 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. Finally, Zacks Research downgraded shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus price target of $123.42.
Check Out Our Latest Report on Booz Allen Hamilton
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.
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