Booz Allen Hamilton Holding Co. (NYSE:BAH) Position Raised by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. lifted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 749,084 shares of the business services provider’s stock after acquiring an additional 17,691 shares during the period. Bahl & Gaynor Inc. owned 0.58% of Booz Allen Hamilton worth $115,284,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Private Advisor Group LLC bought a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $374,000. Principal Securities Inc. acquired a new position in Booz Allen Hamilton during the 4th quarter worth $285,000. BNP Paribas Financial Markets grew its stake in shares of Booz Allen Hamilton by 33.6% in the fourth quarter. BNP Paribas Financial Markets now owns 77,191 shares of the business services provider’s stock worth $9,874,000 after purchasing an additional 19,432 shares in the last quarter. Jump Financial LLC increased its holdings in shares of Booz Allen Hamilton by 30.3% during the fourth quarter. Jump Financial LLC now owns 13,500 shares of the business services provider’s stock valued at $1,727,000 after purchasing an additional 3,138 shares during the period. Finally, Forum Financial Management LP bought a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at about $230,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Insider Activity

In other news, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the transaction, the director now owns 18,123 shares in the company, valued at $2,597,207.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BAH shares. Barclays decreased their target price on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their target price on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. Stifel Nicolaus increased their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st. Jefferies Financial Group boosted their price objective on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Finally, Wells Fargo & Company raised Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $168.00 to $165.00 in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $159.33.

Booz Allen Hamilton Stock Up 0.0 %

Shares of Booz Allen Hamilton stock opened at $151.99 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton Holding Co. has a 12-month low of $106.90 and a 12-month high of $164.43. The firm has a market capitalization of $19.64 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 2.19 and a beta of 0.59. The stock’s fifty day moving average is $151.99 and its 200-day moving average is $150.28.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, July 26th. The business services provider reported $1.38 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. The firm had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.92 billion. Equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.96 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend was Wednesday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 44.35%.

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.