Chicago Partners Investment Group LLC lifted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 180.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,692 shares of the business services provider’s stock after purchasing an additional 3,017 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Booz Allen Hamilton were worth $489,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group boosted its holdings in shares of Booz Allen Hamilton by 102.8% in the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock valued at $31,000 after buying an additional 149 shares during the period. WPG Advisers LLC acquired a new position in Booz Allen Hamilton in the 1st quarter worth $35,000. Ransom Advisory Ltd acquired a new position in shares of Booz Allen Hamilton during the first quarter worth about $35,000. Banque Cantonale Vaudoise acquired a new position in shares of Booz Allen Hamilton during the first quarter worth about $37,000. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of Booz Allen Hamilton during the second quarter worth about $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Booz Allen Hamilton Stock Down 1.9%
BAH stock opened at $98.73 on Thursday. The business has a 50-day simple moving average of $103.26 and a 200 day simple moving average of $108.30. The company has a market cap of $12.17 billion, a PE ratio of 12.13, a price-to-earnings-growth ratio of 1.59 and a beta of 0.42. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. Booz Allen Hamilton Holding Corporation has a 52 week low of $95.00 and a 52 week high of $190.59.
Booz Allen Hamilton Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 14th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.2%. The ex-dividend date was Thursday, August 14th. Booz Allen Hamilton’s dividend payout ratio is 27.03%.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. UBS Group set a $119.00 target price on shares of Booz Allen Hamilton and gave the stock a “neutral” rating in a report on Monday, July 28th. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, July 28th. Zacks Research downgraded shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Finally, TD Cowen reissued a “hold” rating and set a $105.00 price target (down from $125.00) on shares of Booz Allen Hamilton in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $129.45.
Get Our Latest Research Report 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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