Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,294 shares of the business services provider’s stock after buying an additional 500 shares during the period. Daiwa Securities Group Inc.’s holdings in Booz Allen Hamilton were worth $1,061,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Booz Allen Hamilton by 64.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock worth $217,676,000 after buying an additional 778,437 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Booz Allen Hamilton by 19.3% in the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock worth $497,084,000 after buying an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Booz Allen Hamilton by 30.1% in the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock worth $324,341,000 after buying an additional 686,318 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Booz Allen Hamilton by 891.7% in the third quarter. Qube Research & Technologies Ltd now owns 288,103 shares of the business services provider’s stock worth $31,481,000 after buying an additional 259,053 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock worth $538,108,000 after buying an additional 199,449 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 1.1 %

BAH stock opened at $144.39 on Thursday. The firm’s fifty day moving average is $146.01 and its 200 day moving average is $134.66. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $150.59. The firm has a market cap of $18.73 billion, a PE ratio of 46.48, a P/E/G ratio of 1.93 and a beta of 0.53. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same quarter last year, the business earned $1.07 earnings per share. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, research analysts forecast that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a $0.51 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.04 annualized dividend and a dividend yield of 1.41%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

Insider Activity

In other news, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total value of $708,911.84. Following the sale, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, COO Kristine Anderson sold 5,068 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the transaction, the chief operating officer now directly owns 71,656 shares in the company, valued at $10,023,241.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now owns 557,411 shares in the company, valued at $81,209,208.59. The disclosure for this sale can be found here. Insiders have sold a total of 55,568 shares of company stock worth $8,067,487 over the last 90 days. 1.76% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BAH. Jefferies Financial Group raised their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. JPMorgan Chase & Co. raised their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. The Goldman Sachs Group raised their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, January 29th. Barclays cut shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Finally, Wells Fargo & Company raised their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average price target of $145.11.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.