O Shaughnessy Asset Management LLC Grows Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

O Shaughnessy Asset Management LLC boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,477 shares of the business services provider’s stock after purchasing an additional 5,673 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Booz Allen Hamilton were worth $5,595,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in shares of Booz Allen Hamilton by 2.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 6,313 shares of the business services provider’s stock worth $1,028,000 after purchasing an additional 179 shares in the last quarter. FMR LLC raised its holdings in shares of Booz Allen Hamilton by 111.6% during the 3rd quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock worth $58,077,000 after acquiring an additional 188,185 shares in the last quarter. Verition Fund Management LLC lifted its position in Booz Allen Hamilton by 93.8% during the third quarter. Verition Fund Management LLC now owns 15,249 shares of the business services provider’s stock valued at $2,482,000 after purchasing an additional 7,382 shares during the last quarter. Bamco Inc. NY lifted its holdings in shares of Booz Allen Hamilton by 14.0% in the 3rd quarter. Bamco Inc. NY now owns 314,760 shares of the business services provider’s stock valued at $51,230,000 after acquiring an additional 38,713 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of Booz Allen Hamilton by 590.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 21,762 shares of the business services provider’s stock valued at $3,543,000 after purchasing an additional 18,608 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. TD Cowen decreased their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Finally, The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Trading Up 2.4 %

NYSE BAH opened at $107.14 on Wednesday. The company’s 50-day simple moving average is $117.03 and its two-hundred day simple moving average is $139.54. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The company has a market capitalization of $13.57 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data 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%. Equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal 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 represents a $2.20 annualized dividend and a yield of 2.05%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

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.