Trust Co. of Toledo NA OH acquired a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 374 shares of the business services provider’s stock, valued at approximately $39,000.
Several other hedge funds have also recently bought and sold shares of BAH. Vanguard Group Inc. raised its position in shares of Booz Allen Hamilton by 1.9% in the first quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider’s stock valued at $1,367,043,000 after buying an additional 237,720 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Booz Allen Hamilton by 15.3% in the first quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider’s stock valued at $178,853,000 after buying an additional 226,761 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Booz Allen Hamilton by 288.4% in the first quarter. AQR Capital Management LLC now owns 1,622,132 shares of the business services provider’s stock valued at $168,491,000 after buying an additional 1,204,446 shares in the last quarter. 1832 Asset Management L.P. raised its position in shares of Booz Allen Hamilton by 78.7% in the first quarter. 1832 Asset Management L.P. now owns 1,466,529 shares of the business services provider’s stock valued at $153,370,000 after buying an additional 646,053 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of Booz Allen Hamilton by 603.1% in the first quarter. Wellington Management Group LLP now owns 1,446,414 shares of the business services provider’s stock valued at $151,266,000 after buying an additional 1,240,689 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.
Booz Allen Hamilton Stock Performance
NYSE BAH opened at $96.32 on Tuesday. The firm’s fifty day moving average price is $104.95 and its two-hundred day moving average price is $108.81. The stock has a market cap of $11.87 billion, a PE ratio of 11.83, a PEG ratio of 1.53 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $95.50 and a fifty-two week high of $190.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78.
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 dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, August 14th. Booz Allen Hamilton’s payout ratio is presently 27.03%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the stock. UBS Group set a $119.00 price target on shares of Booz Allen Hamilton and gave the company a “neutral” rating in a research report on Monday, July 28th. William Blair upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. boosted their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an “underweight” rating in a research report on Monday, July 28th. Weiss Ratings restated a “hold (c)” rating on shares of Booz Allen Hamilton in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus boosted their price objective on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $134.00.
Read Our Latest Research Report on BAH
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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