Booz Allen Hamilton Holding Co. (NYSE:BAH) Position Increased by UMB Bank n.a.

UMB Bank n.a. grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,513 shares of the business services provider’s stock after acquiring an additional 153 shares during the period. UMB Bank n.a.’s holdings in Booz Allen Hamilton were worth $158,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GW&K Investment Management LLC increased its stake in Booz Allen Hamilton by 0.7% in the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock worth $59,397,000 after purchasing an additional 3,435 shares in the last quarter. Versor Investments LP acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $933,000. FIL Ltd lifted its position in shares of Booz Allen Hamilton by 63.3% in the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider’s stock valued at $19,735,000 after acquiring an additional 59,440 shares in the last quarter. Bridges Investment Management Inc. boosted its stake in Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after purchasing an additional 18,930 shares during the period. Finally, Cumberland Partners Ltd grew its position in Booz Allen Hamilton by 92.2% during the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after purchasing an additional 47,655 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on BAH shares. UBS Group raised their target price on Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, May 19th. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Raymond James reissued a “market perform” rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Barclays lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 28th. Finally, Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, May 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $136.90.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $100.49 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a fifty day simple moving average of $114.32 and a 200-day simple moving average of $121.57. The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 1.25 and a beta of 0.49. Booz Allen Hamilton Holding Co. has a 1-year low of $99.13 and a 1-year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The business had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the previous year, the firm earned $1.33 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. On average, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Wednesday, June 11th. Booz Allen Hamilton’s payout ratio is 30.34%.

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.