National Wealth Management Group LLC Makes New $205,000 Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

National Wealth Management Group LLC purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,590 shares of the business services provider’s stock, valued at approximately $205,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GFI Investment Counsel Ltd. grew its position in Booz Allen Hamilton by 7.8% in the fourth quarter. GFI Investment Counsel Ltd. now owns 315,923 shares of the business services provider’s stock worth $40,659,000 after acquiring an additional 22,789 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of Booz Allen Hamilton by 98.5% in the 4th quarter. National Bank of Canada FI now owns 20,273 shares of the business services provider’s stock worth $2,609,000 after purchasing an additional 10,061 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Booz Allen Hamilton by 25.5% during the 4th quarter. Franklin Resources Inc. now owns 109,943 shares of the business services provider’s stock valued at $14,150,000 after purchasing an additional 22,336 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Booz Allen Hamilton by 78.8% during the 4th quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider’s stock valued at $133,008,000 after buying an additional 455,605 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. lifted its position in Booz Allen Hamilton by 28.1% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 548,037 shares of the business services provider’s stock worth $70,532,000 after buying an additional 120,373 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Ratings Changes

BAH has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. The Goldman Sachs Group decreased 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 research report on Thursday, December 12th. Raymond James upgraded 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 research report on Monday, February 3rd. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $158.27.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock opened at $107.14 on Wednesday. The company has a market cap of $13.57 billion, a PE ratio of 15.97, a P/E/G ratio of 1.25 and a beta of 0.56. The business has a 50 day moving average of $117.03 and a 200 day moving average of $139.54. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. 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 (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate 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, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

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.