Jones Financial Companies Lllp Boosts Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Jones Financial Companies Lllp boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 54.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,412 shares of the business services provider’s stock after purchasing an additional 499 shares during the period. Jones Financial Companies Lllp’s holdings in Booz Allen Hamilton were worth $182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of BAH. Bogart Wealth LLC lifted its position in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after acquiring an additional 155 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton during the third quarter worth $31,000. R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. SRS Capital Advisors Inc. lifted its position in shares of Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after acquiring an additional 232 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $35,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on BAH. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. UBS Group began coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. TD Cowen decreased their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Up 0.6 %

BAH opened at $111.96 on Friday. The stock has a market cap of $14.18 billion, a PE ratio of 16.69, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 52 week low of $101.82 and a 52 week high of $190.59. The business’s fifty day simple moving average is $123.80 and its 200 day simple moving average is $144.01.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

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.