Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Westbourne Investment Advisors Inc.

Westbourne Investment Advisors Inc. increased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,079 shares of the business services provider’s stock after purchasing an additional 2,506 shares during the quarter. Booz Allen Hamilton accounts for 2.2% of Westbourne Investment Advisors Inc.’s investment portfolio, making the stock its 17th biggest holding. Westbourne Investment Advisors Inc.’s holdings in Booz Allen Hamilton were worth $6,316,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BAH. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth about $31,000. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $31,000. Berbice Capital Management LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $39,000. Gilliland Jeter Wealth Management LLC purchased a new position in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Finally, Kennebec Savings Bank acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $60,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on BAH. Raymond James raised 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 report on Monday, February 3rd. TD Cowen dropped their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group reduced their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Cantor Fitzgerald assumed coverage on shares of Booz Allen Hamilton in a research note on Friday. They set an “overweight” rating and a $160.00 price objective on the stock. Finally, Wells Fargo & Company cut their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $158.91.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $127.92 on Friday. The business has a 50-day moving average of $134.36 and a two-hundred day moving average of $149.88. The firm has a market capitalization of $16.20 billion, a PE ratio of 19.06, a P/E/G ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 12 month low of $121.02 and a 12 month high of $190.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 70.51%. As a group, research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders 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 dividend yield of 1.72%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

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