22,355 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Virtu Financial LLC

Virtu Financial LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, Holdings Channel.com reports. The firm acquired 22,355 shares of the business services provider’s stock, valued at approximately $2,877,000.

Other large investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. lifted its stake in Booz Allen Hamilton by 3.3% in the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after buying an additional 59 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Booz Allen Hamilton in the third quarter valued at $316,000. Commerce Bank lifted its stake in Booz Allen Hamilton by 3.1% in the third quarter. Commerce Bank now owns 21,834 shares of the business services provider’s stock valued at $3,554,000 after buying an additional 648 shares during the last quarter. Citigroup Inc. lifted its stake in Booz Allen Hamilton by 3.4% in the third quarter. Citigroup Inc. now owns 92,631 shares of the business services provider’s stock valued at $15,077,000 after buying an additional 3,022 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in Booz Allen Hamilton by 39.7% in the third quarter. Cerity Partners LLC now owns 37,401 shares of the business services provider’s stock valued at $6,087,000 after buying an additional 10,623 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. TD Cowen cut their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company cut their target price on Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a report on Monday, February 3rd. Finally, UBS Group assumed coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $104.23 on Friday. The business’s 50-day moving average price is $121.39 and its 200 day moving average price is $142.00. The firm has a market cap of $13.20 billion, a P/E ratio of 15.53, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.11%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

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.