Taika Capital LP Acquires Shares of 21,143 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Taika Capital LP bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,143 shares of the business services provider’s stock, valued at approximately $2,721,000. Booz Allen Hamilton accounts for about 2.1% of Taika Capital LP’s holdings, making the stock its 17th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new position in Booz Allen Hamilton in the third quarter valued at approximately $31,000. Bogart Wealth LLC raised its position in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at $25,000. SRS Capital Advisors Inc. boosted its position in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $116.68 on Monday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $14.78 billion, a price-to-earnings ratio of 17.39, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a one year low of $101.82 and a one year high of $190.59. The stock’s 50-day moving average is $125.17 and its 200-day moving average is $145.08.

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 the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.89%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. 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 report on Monday, January 6th. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. JPMorgan Chase & Co. decreased their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group cut 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. Finally, Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Company 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.