Roxbury Financial LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 274 shares of the business services provider’s stock, valued at approximately $35,000.
Other hedge funds also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Bogart Wealth LLC lifted its position in Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after acquiring an additional 155 shares during the period. R Squared Ltd acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $31,000. Gilliland Jeter Wealth Management LLC acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Finally, Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $39,000. 91.82% of the stock is owned by institutional investors and hedge funds.
Booz Allen Hamilton Stock Performance
NYSE BAH opened at $117.68 on Friday. Booz Allen Hamilton Holding Co. has a 1-year low of $115.97 and a 1-year high of $190.59. The company has a market capitalization of $14.90 billion, a P/E ratio of 17.54, a PEG ratio of 1.46 and a beta of 0.55. The business has a 50 day moving average price of $131.60 and a 200 day moving average price of $148.75. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.56.
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 given a dividend of $0.55 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.87%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. UBS Group assumed coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday, February 3rd. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. Finally, Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Moderate Buy” and a consensus target price of $158.91.
Check Out Our Latest Stock Analysis on Booz Allen Hamilton
About Booz Allen Hamilton
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.
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