AKO Capital LLP Makes New $11.90 Million Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

AKO Capital LLP purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 92,490 shares of the business services provider’s stock, valued at approximately $11,903,000. Booz Allen Hamilton makes up approximately 0.2% of AKO Capital LLP’s portfolio, making the stock its 26th largest position.

Several other large investors have also modified their holdings of the stock. Bogart Wealth LLC boosted its position in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after buying an additional 134 shares during the period. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $31,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 232 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of 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 downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. reduced 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 research report on Monday, February 3rd. Finally, TD Cowen lowered their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Performance

BAH opened at $105.80 on Friday. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The firm has a market capitalization of $13.40 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The stock’s 50 day moving average price is $118.98 and its two-hundred day moving average price is $140.72. 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 EPS 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%. On average, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.08%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s payout ratio is currently 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.