Vident Investment Advisory LLC Buys 3,046 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)


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Vident Investment Advisory LLC increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,200 shares of the business services provider’s stock after purchasing an additional 3,046 shares during the period. Vident Investment Advisory LLC’s holdings in Booz Allen Hamilton were worth $2,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pendal Group Limited boosted its stake in shares of Booz Allen Hamilton by 2.0% during the fourth quarter. Pendal Group Limited now owns 6,155 shares of the business services provider’s stock valued at $537,000 after purchasing an additional 122 shares in the last quarter. Intrust Bank NA boosted its stake in shares of Booz Allen Hamilton by 2.8% during the third quarter. Intrust Bank NA now owns 4,700 shares of the business services provider’s stock valued at $390,000 after purchasing an additional 130 shares in the last quarter. CFO4Life Group LLC boosted its stake in shares of Booz Allen Hamilton by 3.1% during the fourth quarter. CFO4Life Group LLC now owns 5,010 shares of the business services provider’s stock valued at $437,000 after purchasing an additional 149 shares in the last quarter. Ifrah Financial Services Inc. boosted its stake in shares of Booz Allen Hamilton by 1.0% during the fourth quarter. Ifrah Financial Services Inc. now owns 14,985 shares of the business services provider’s stock valued at $1,306,000 after purchasing an additional 153 shares in the last quarter. Finally, Alps Advisors Inc. boosted its stake in shares of Booz Allen Hamilton by 5.1% during the third quarter. Alps Advisors Inc. now owns 3,219 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 89.90% of the company’s stock.

Several equities research analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Booz Allen Hamilton from $87.00 to $91.00 and gave the company an “overweight” rating in a research note on Friday, December 4th. Cowen restated a “buy” rating on shares of Booz Allen Hamilton in a research note on Friday, February 5th. Finally, Credit Suisse Group lowered their target price on shares of Booz Allen Hamilton from $91.00 to $87.00 and set an “outperform” rating for the company in a research note on Monday, November 2nd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Booz Allen Hamilton currently has a consensus rating of “Buy” and a consensus price target of $85.18.

NYSE BAH opened at $77.27 on Tuesday. The company has a fifty day simple moving average of $87.79 and a two-hundred day simple moving average of $85.95. The stock has a market cap of $10.64 billion, a P/E ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 0.81. Booz Allen Hamilton Holding Co. has a 12-month low of $54.37 and a 12-month high of $100.26. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 2.38.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Thursday, January 28th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.11. Booz Allen Hamilton had a net margin of 6.62% and a return on equity of 54.01%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter last year, the company posted $0.80 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 3.74 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 2nd. Investors of record on Friday, February 12th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, February 11th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.13. Booz Allen Hamilton’s dividend payout ratio (DPR) is 46.54%.

In related news, EVP Susan L. Penfield sold 35,929 shares of the firm’s stock in a transaction on Wednesday, December 16th. The shares were sold at an average price of $90.00, for a total transaction of $3,233,610.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth M. Thompson sold 15,000 shares of the firm’s stock in a transaction on Friday, January 8th. The stock was sold at an average price of $92.00, for a total transaction of $1,380,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 130,416 shares of company stock valued at $11,799,193. 2.00% of the stock is currently owned by corporate insiders.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

See Also: Price-Sales Ratio

Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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