Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. grew its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 36.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,435 shares of the business services provider’s stock after acquiring an additional 8,181 shares during the quarter. Cabot Wealth Management Inc.’s holdings in Booz Allen Hamilton were worth $3,917,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in Booz Allen Hamilton by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Booz Allen Hamilton by 28.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after purchasing an additional 285,621 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of Booz Allen Hamilton by 3.6% during the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after purchasing an additional 32,897 shares during the period. Van ECK Associates Corp lifted its position in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after buying an additional 324,159 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Booz Allen Hamilton by 1.1% during the 3rd quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock valued at $139,394,000 after buying an additional 9,480 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $112.27 on Friday. The company’s 50 day moving average price is $129.46 and its 200 day moving average price is $147.77. The company has a market capitalization of $14.22 billion, a PE ratio of 16.73, a PEG ratio of 1.26 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 52 week low of $106.69 and a 52 week high of $190.59. 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 announced 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 return on equity of 68.97% and a net margin of 7.39%. Research analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BAH. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. The Goldman Sachs Group decreased their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday. Cantor Fitzgerald began coverage on Booz Allen Hamilton in a research report on Friday, February 7th. They issued an “overweight” rating and a $160.00 target price on the stock. Finally, TD Cowen reduced their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target 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.