Savant Capital LLC Buys New Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Savant Capital LLC bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, HoldingsChannel reports. The fund bought 1,580 shares of the business services provider’s stock, valued at approximately $203,000.

Other large investors have also recently bought and sold shares of the company. Empirical Asset Management LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $1,900,000. Blue Trust Inc. raised its stake in shares of Booz Allen Hamilton by 133.8% during the 4th quarter. Blue Trust Inc. now owns 6,566 shares of the business services provider’s stock worth $845,000 after buying an additional 3,758 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in shares of Booz Allen Hamilton by 1.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 539,589 shares of the business services provider’s stock worth $69,445,000 after buying an additional 8,365 shares during the period. DAVENPORT & Co LLC raised its stake in shares of Booz Allen Hamilton by 45.6% during the 4th quarter. DAVENPORT & Co LLC now owns 49,798 shares of the business services provider’s stock worth $6,405,000 after buying an additional 15,592 shares during the period. Finally, Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider’s stock worth $8,411,000 after buying an additional 14,620 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. Wells Fargo & Company reduced their target price on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research note on Monday, January 6th. Cantor Fitzgerald started coverage on Booz Allen Hamilton in a research note on Friday, February 7th. They issued an “overweight” rating and a $160.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.91.

Booz Allen Hamilton Stock Down 1.1 %

Shares of BAH opened at $117.83 on Thursday. Booz Allen Hamilton Holding Co. has a 52-week low of $115.67 and a 52-week high of $190.59. The company has a market capitalization of $14.92 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.31 and a beta of 0.55. The stock has a fifty day simple moving average of $130.34 and a two-hundred day simple moving average of $148.23. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results 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%. As a group, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.87%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Booz Allen Hamilton Company 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.