SG Americas Securities LLC Increases Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

SG Americas Securities LLC increased its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 25.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 894 shares of the business services provider’s stock after acquiring an additional 183 shares during the period. SG Americas Securities LLC’s holdings in Booz Allen Hamilton were worth $115,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Peterson Financial Group Inc. bought a new stake in Booz Allen Hamilton in the third quarter worth $31,000. Gilliland Jeter Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $45,000. Kennebec Savings Bank bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at about $60,000. Matrix Trust Co boosted its holdings in Booz Allen Hamilton by 734.8% during the 4th quarter. Matrix Trust Co now owns 743 shares of the business services provider’s stock valued at $96,000 after acquiring an additional 654 shares during the period. Finally, Covestor Ltd grew its position in Booz Allen Hamilton by 87.2% during the 3rd quarter. Covestor Ltd now owns 629 shares of the business services provider’s stock worth $103,000 after acquiring an additional 293 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of analyst reports. Truist Financial dropped their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research note on Friday, November 22nd. UBS Group initiated coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Moderate Buy” and a consensus price target of $158.91.

Booz Allen Hamilton Stock Down 3.0 %

Shares of Booz Allen Hamilton stock opened at $124.30 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 2.72. The company’s fifty day simple moving average is $133.11 and its two-hundred day simple moving average is $149.28. The company has a market cap of $15.74 billion, a P/E ratio of 18.53, a PEG ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 12-month low of $121.02 and a 12-month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping 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%. Research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.77%. Booz Allen Hamilton’s dividend payout ratio is currently 30.40%.

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.