Mn Services Vermogensbeheer B.V. Has $6.55 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Mn Services Vermogensbeheer B.V. raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 50,900 shares of the business services provider’s stock after purchasing an additional 900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Booz Allen Hamilton were worth $6,551,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $140,000. Illinois Municipal Retirement Fund lifted its position in shares of Booz Allen Hamilton by 12.2% in the 4th quarter. Illinois Municipal Retirement Fund now owns 75,404 shares of the business services provider’s stock worth $9,704,000 after purchasing an additional 8,174 shares during the period. Los Angeles Capital Management LLC lifted its position in shares of Booz Allen Hamilton by 878.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider’s stock worth $31,388,000 after purchasing an additional 218,949 shares during the period. Y Intercept Hong Kong Ltd lifted its position in shares of Booz Allen Hamilton by 775.1% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 40,000 shares of the business services provider’s stock worth $5,148,000 after purchasing an additional 35,429 shares during the period. Finally, Cabot Wealth Management Inc. lifted its position in shares of Booz Allen Hamilton by 36.8% in the 4th quarter. Cabot Wealth Management Inc. now owns 30,435 shares of the business services provider’s stock worth $3,917,000 after purchasing an additional 8,181 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. TD Cowen reduced their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, UBS Group initiated 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Price Performance

BAH stock opened at $106.06 on Friday. The company has a market capitalization of $13.43 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 1.25 and a beta of 0.55. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton Holding Co. has a 52-week low of $104.05 and a 52-week high of $190.59. The business has a 50-day simple moving average of $127.31 and a two-hundred day simple moving average of $146.54.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating 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%. Research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 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 paid a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.07%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

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.