Fieldview Capital Management LLC bought a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 29,317 shares of the business services provider’s stock, valued at approximately $2,930,000.
Several other hedge funds and other institutional investors have also bought and sold shares of BAH. WINTON GROUP Ltd raised its stake in shares of Booz Allen Hamilton by 97.8% during the third quarter. WINTON GROUP Ltd now owns 10,511 shares of the business services provider’s stock worth $1,051,000 after acquiring an additional 5,196 shares in the last quarter. Schroder Investment Management Group purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at $227,000. Jefferies Financial Group Inc. grew its holdings in shares of Booz Allen Hamilton by 8.8% during the 3rd quarter. Jefferies Financial Group Inc. now owns 15,186 shares of the business services provider’s stock valued at $1,518,000 after purchasing an additional 1,224 shares during the last quarter. Rathbones Group PLC raised its position in Booz Allen Hamilton by 21.8% in the 3rd quarter. Rathbones Group PLC now owns 799,265 shares of the business services provider’s stock worth $79,887,000 after purchasing an additional 142,968 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Booz Allen Hamilton in the 3rd quarter worth $300,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Price Performance
BAH stock opened at $81.79 on Monday. The stock has a market capitalization of $9.86 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 4.81 and a beta of 0.37. The firm’s 50-day moving average price is $86.42 and its two-hundred day moving average price is $91.38. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 12-month low of $73.93 and a 12-month high of $130.91.
Booz Allen Hamilton Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.59 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, February 13th. This represents a $2.36 annualized dividend and a yield of 2.9%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 35.07%.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Truist Financial set a $98.00 price target on shares of Booz Allen Hamilton in a research report on Friday, January 23rd. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Jefferies Financial Group lowered their target price on Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a report on Tuesday, January 27th. Finally, William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $101.25.
Check Out Our Latest Stock Analysis on BAH
Booz Allen Hamilton Profile
Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.
Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.
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