Vanguard Personalized Indexing Management LLC increased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,394 shares of the business services provider’s stock after purchasing an additional 962 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Booz Allen Hamilton were worth $1,186,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Yousif Capital Management LLC lifted its position in shares of Booz Allen Hamilton by 5.5% during the 1st quarter. Yousif Capital Management LLC now owns 2,389 shares of the business services provider’s stock valued at $250,000 after buying an additional 124 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Booz Allen Hamilton by 22.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 46,929 shares of the business services provider’s stock worth $4,908,000 after acquiring an additional 8,448 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Booz Allen Hamilton by 1,545.9% during the first quarter. Exchange Traded Concepts LLC now owns 1,613 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 1,515 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of Booz Allen Hamilton by 8.8% in the first quarter. QRG Capital Management Inc. now owns 4,259 shares of the business services provider’s stock valued at $445,000 after purchasing an additional 343 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Booz Allen Hamilton by 76.6% during the first quarter. Blue Trust Inc. now owns 3,633 shares of the business services provider’s stock worth $380,000 after purchasing an additional 1,576 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Stock Up 0.8%
NYSE BAH opened at $98.09 on Friday. The business’s fifty 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 firm has a market cap of $12.09 billion, a PE ratio of 12.05, a P/E/G ratio of 1.55 and a beta of 0.42. 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 disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors 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 presently 27.03%.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Monday, July 21st. Stifel Nicolaus increased their target price on Booz Allen Hamilton from $112.00 to $119.00 and gave the company a “hold” rating in a report on Monday, July 28th. UBS Group set a $119.00 target price on Booz Allen Hamilton and gave the company a “neutral” rating in a research report on Monday, July 28th. Cowen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Booz Allen Hamilton in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $129.45.
Get Our Latest Stock Report on BAH
About Booz Allen Hamilton
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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