Steward Partners Investment Advisory LLC Buys 937 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Steward Partners Investment Advisory LLC lifted its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,030 shares of the business services provider’s stock after acquiring an additional 937 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Booz Allen Hamilton were worth $647,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BAH. Bogart Wealth LLC boosted its holdings in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the third quarter worth $31,000. R Squared Ltd acquired a new position in Booz Allen Hamilton during the fourth quarter worth $31,000. SRS Capital Advisors Inc. boosted its holdings in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in Booz Allen Hamilton during the fourth quarter worth $35,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on BAH shares. William Blair cut shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Truist Financial reduced their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. The Goldman Sachs Group cut 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 research note on Thursday, December 12th. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research note on Monday, February 3rd. Finally, UBS Group began coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $109.90 on Wednesday. The firm has a market capitalization of $13.92 billion, a PE ratio of 16.38, a PEG ratio of 1.25 and a beta of 0.56. The company’s 50-day moving average is $124.85 and its 200-day moving average is $144.79. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.82 and a fifty-two week high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.00%. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.

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.