3,100 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,100 shares of the business services provider’s stock, valued at approximately $399,000.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $196,578,000. Raymond James Financial Inc. bought a new position in Booz Allen Hamilton during the 4th quarter valued at about $173,055,000. Janus Henderson Group PLC boosted its position in Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider’s stock valued at $227,425,000 after buying an additional 1,135,426 shares in the last quarter. Man Group plc grew its stake in Booz Allen Hamilton by 2,293.2% during the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider’s stock worth $145,224,000 after buying an additional 1,081,239 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Booz Allen Hamilton by 61.4% during the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider’s stock worth $199,770,000 after buying an additional 590,655 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on BAH shares. Barclays reduced their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 28th. Wells Fargo & Company reduced their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an “overweight” rating on the stock in a research note on Friday, May 23rd. Raymond James restated a “market perform” rating on shares of Booz Allen Hamilton in a research note on Friday, May 23rd. JPMorgan Chase & Co. reduced their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 15th. Finally, Truist Financial decreased their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a report on Monday, April 14th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Hold” and an average price target of $136.90.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $102.49 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. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59. The company has a market cap of $12.73 billion, a PE ratio of 15.27, a PEG ratio of 1.25 and a beta of 0.56. The company’s 50-day moving average is $115.06 and its two-hundred day moving average is $123.04.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.02. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the firm posted $1.33 earnings per share. Booz Allen Hamilton’s revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts anticipate 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 declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 11th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Wednesday, June 11th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.