Stone Ridge Asset Management LLC acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,894 shares of the business services provider’s stock, valued at approximately $1,025,000.
Several other large investors have also recently bought and sold shares of BAH. Cerebellum GP LLC acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $126,000. American International Group Inc. acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $128,000. The Manufacturers Life Insurance Company raised its position in shares of Booz Allen Hamilton by 8.2% in the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after buying an additional 347 shares during the last quarter. Camelot Portfolios LLC acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $220,000. Finally, Ramsey Quantitative Systems acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $302,000. 93.56% of the stock is owned by institutional investors and hedge funds.
Shares of Booz Allen Hamilton Holding Co. (NYSE BAH) opened at $39.50 on Friday. Booz Allen Hamilton Holding Co. has a twelve month low of $31.06 and a twelve month high of $40.25. The stock has a market cap of $5,729.99, a P/E ratio of 20.68, a P/E/G ratio of 1.98 and a beta of 1.29. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49.
Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Booz Allen Hamilton had a net margin of 4.68% and a return on equity of 50.81%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm earned $0.38 earnings per share. Booz Allen Hamilton’s revenue was up 6.8% compared to the same quarter last year. equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 1.93 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.92%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, February 13th. Booz Allen Hamilton’s payout ratio is presently 39.79%.
In other Booz Allen Hamilton news, CFO Lloyd Howell, Jr. sold 11,745 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $39.50, for a total transaction of $463,927.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karen M. Dahut sold 46,406 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,857,632.18. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 153,131 shares of company stock valued at $6,116,525. 3.04% of the stock is owned by insiders.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Cowen reissued a “buy” rating and issued a $50.00 price objective on shares of Booz Allen Hamilton in a research report on Monday, February 5th. Stifel Nicolaus began coverage on shares of Booz Allen Hamilton in a research report on Tuesday, November 21st. They issued a “buy” rating and a $46.00 price objective for the company. Finally, SunTrust Banks began coverage on shares of Booz Allen Hamilton in a report on Friday, December 1st. They issued a “buy” rating and a $47.00 target price for the company. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $41.25.
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About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.
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