Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by Westbourne Investment Advisors Inc.

Westbourne Investment Advisors Inc. raised its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 49,079 shares of the business services provider’s stock after buying an additional 2,506 shares during the period. Booz Allen Hamilton makes up about 2.2% of Westbourne Investment Advisors Inc.’s portfolio, making the stock its 17th biggest holding. Westbourne Investment Advisors Inc.’s holdings in Booz Allen Hamilton were worth $6,316,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at approximately $31,000. R Squared Ltd bought a new stake in Booz Allen Hamilton during the 4th quarter valued at $31,000. Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton in the fourth quarter worth about $39,000. Gilliland Jeter Wealth Management LLC bought a new position in shares of Booz Allen Hamilton in the third quarter valued at approximately $45,000. Finally, Kennebec Savings Bank acquired a new position in shares of Booz Allen Hamilton during the third quarter valued at approximately $60,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $127.92 on Friday. The firm has a market cap of $16.20 billion, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 1.53 and a beta of 0.55. The company’s fifty day moving average is $134.36 and its 200-day moving average is $149.88. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. 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 posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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 70.51%. Equities analysts expect that Booz Allen Hamilton Holding Co. will post 6.32 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.72%. The ex-dividend date is Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

BAH has been the subject of a number of research analyst reports. UBS Group began coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. Truist Financial decreased their target price 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. Cantor Fitzgerald started coverage on shares of Booz Allen Hamilton in a report on Friday. They issued an “overweight” rating and a $160.00 target price on the stock. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, The Goldman Sachs Group decreased their price objective 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. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $158.91.

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.