Schroder Investment Management Group Boosts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Schroder Investment Management Group boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 51.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,253 shares of the business services provider’s stock after purchasing an additional 1,449 shares during the quarter. Schroder Investment Management Group’s holdings in Booz Allen Hamilton were worth $546,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of BAH. Allstate Corp purchased a new position in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $480,000. Brown Brothers Harriman & Co. raised its holdings in Booz Allen Hamilton by 1,132.0% in the 4th quarter. Brown Brothers Harriman & Co. now owns 308 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 283 shares during the last quarter. denkapparat Operations GmbH purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth $381,000. Pictet Asset Management Holding SA boosted its holdings in shares of Booz Allen Hamilton by 10.8% during the fourth quarter. Pictet Asset Management Holding SA now owns 52,834 shares of the business services provider’s stock worth $6,800,000 after purchasing an additional 5,161 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in shares of Booz Allen Hamilton by 98.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 73,532 shares of the business services provider’s stock valued at $9,464,000 after purchasing an additional 36,505 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on BAH shares. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. TD Cowen decreased their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Wells Fargo & Company dropped their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. Finally, William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $107.24 on Tuesday. The business’s 50-day simple moving average is $114.87 and its 200 day simple moving average is $138.24. The company has a market cap of $13.58 billion, a P/E ratio of 15.98, a PEG ratio of 1.25 and a beta of 0.58. 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 Holding Co. has a one year low of $101.05 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal 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 paid a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.05%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.