36,386 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,386 shares of the business services provider’s stock, valued at approximately $4,683,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BAH. Bogart Wealth LLC lifted its holdings in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after buying an additional 155 shares during the period. Peterson Financial Group Inc. purchased a new position in Booz Allen Hamilton during the third quarter valued at approximately $31,000. R Squared Ltd acquired a new position in Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $35,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $39,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 3.2 %

Shares of BAH opened at $102.65 on Tuesday. The stock has a 50 day moving average price of $127.31 and a 200 day moving average price of $146.53. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $13.00 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 1.25 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a one year low of $101.82 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (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 research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.14%. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their target price for the company from $180.00 to $190.00 in a research note on Monday, November 4th. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. UBS Group started coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a report on Monday, January 6th. Finally, TD Cowen lowered their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus target price of $158.27.

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.