Applied Finance Capital Management LLC lessened its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 9.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,882 shares of the business services provider’s stock after selling 300 shares during the period. Applied Finance Capital Management LLC’s holdings in Booz Allen Hamilton were worth $300,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Brooklyn Investment Group grew its holdings in shares of Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after purchasing an additional 149 shares during the last quarter. WPG Advisers LLC bought a new stake in shares of Booz Allen Hamilton during the first quarter worth $35,000. Ransom Advisory Ltd bought a new stake in shares of Booz Allen Hamilton during the first quarter worth $35,000. Banque Cantonale Vaudoise bought a new stake in shares of Booz Allen Hamilton during the first quarter worth $37,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Booz Allen Hamilton during the second quarter worth $39,000. Institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Price Performance
Booz Allen Hamilton stock opened at $98.09 on Friday. Booz Allen Hamilton Holding Corporation has a 12-month low of $95.00 and a 12-month high of $190.59. The business’s 50-day simple moving average is $103.85 and its 200 day simple moving average is $108.50. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The stock has a market cap of $12.09 billion, a price-to-earnings ratio of 12.05, a P/E/G ratio of 1.55 and a beta of 0.42.
Booz Allen Hamilton Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.2%. Booz Allen Hamilton’s dividend payout ratio is presently 27.03%.
Analyst Ratings Changes
Several analysts have recently commented on BAH shares. TD Cowen restated a “hold” rating and set a $105.00 target price (down previously from $125.00) on shares of Booz Allen Hamilton in a report on Friday. JPMorgan Chase & Co. raised their price target on Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a report on Monday, July 28th. William Blair upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the company a “neutral” rating in a report on Monday, July 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $129.45.
Check Out Our Latest Stock Analysis on Booz Allen Hamilton
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.
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