Nomura Asset Management Co. Ltd. Purchases 36,505 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Nomura Asset Management Co. Ltd. increased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 98.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,532 shares of the business services provider’s stock after buying an additional 36,505 shares during the period. Nomura Asset Management Co. Ltd. owned 0.06% of Booz Allen Hamilton worth $9,464,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of BAH. Bogart Wealth LLC lifted its holdings 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 worth $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC lifted its stake in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after purchasing an additional 134 shares during the last quarter. R Squared Ltd purchased a new position in shares of Booz Allen Hamilton in the 4th quarter worth about $31,000. Finally, SRS Capital Advisors Inc. increased its position in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 232 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $105.30 on Monday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a fifty day moving average of $118.36 and a 200 day moving average of $140.24. The firm has a market capitalization of $13.34 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating 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%. As a group, research analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.09%. Booz Allen Hamilton’s payout ratio is currently 32.79%.

Analysts Set New Price Targets

A number of research firms recently weighed in on BAH. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. 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 price objective for the company. 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 research report on Monday, February 3rd. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Monday, February 3rd. Finally, TD Cowen decreased their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $158.27.

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.