6,137 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Plato Investment Management Ltd

Plato Investment Management Ltd bought a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,137 shares of the business services provider’s stock, valued at approximately $793,000.

A number of other hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new position in Booz Allen Hamilton during the fourth quarter worth $80,000. Jones Financial Companies Lllp raised its stake in Booz Allen Hamilton by 54.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,412 shares of the business services provider’s stock worth $182,000 after buying an additional 499 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after buying an additional 232 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Booz Allen Hamilton by 33.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 440 shares of the business services provider’s stock worth $56,000 after buying an additional 110 shares during the last quarter. Finally, Bridges Investment Management Inc. raised its stake in Booz Allen Hamilton by 19.2% during the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after buying an additional 18,930 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BAH shares. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research note on Monday, January 6th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research note on Monday, February 3rd. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Finally, StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Stock Down 3.2 %

Shares of NYSE BAH opened at $102.65 on Tuesday. The stock has a market capitalization of $13.00 billion, a P/E ratio of 15.30, a P/E/G ratio of 1.25 and a beta of 0.55. The company has a 50-day moving average price of $127.31 and a 200-day moving average price of $146.53. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

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 for the quarter, topping 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 research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 2.14%. Booz Allen Hamilton’s payout ratio is 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.