Metis Global Partners LLC Increases Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Metis Global Partners LLC boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,651 shares of the business services provider’s stock after purchasing an additional 177 shares during the quarter. Metis Global Partners LLC’s holdings in Booz Allen Hamilton were worth $341,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bogart Wealth LLC lifted its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in Booz Allen Hamilton in the 3rd quarter worth $31,000. R Squared Ltd purchased a new stake in Booz Allen Hamilton in the 4th quarter worth $31,000. Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter worth $35,000. Finally, Berbice Capital Management LLC bought a new stake in shares of Booz Allen Hamilton in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $110.01 on Thursday. The company has a market capitalization of $13.93 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12 month low of $101.82 and a 12 month high of $190.59. The firm’s 50-day moving average is $126.26 and its 200 day moving average is $145.91. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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 68.97%. Research analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a $0.55 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BAH shares. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. 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. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a report on Monday, January 6th. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price on the stock. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $158.27.

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.