Machina Capital S.A.S. Purchases 708 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Machina Capital S.A.S. boosted its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 21.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,001 shares of the business services provider’s stock after acquiring an additional 708 shares during the period. Machina Capital S.A.S.’s holdings in Booz Allen Hamilton were worth $515,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Andra AP fonden raised its holdings in Booz Allen Hamilton by 65.5% in the fourth quarter. Andra AP fonden now owns 160,500 shares of the business services provider’s stock worth $20,656,000 after purchasing an additional 63,500 shares in the last quarter. Edgestream Partners L.P. bought a new position in Booz Allen Hamilton in the fourth quarter worth about $677,000. Prescott Group Capital Management L.L.C. raised its holdings in Booz Allen Hamilton by 3.9% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 40,289 shares of the business services provider’s stock worth $5,185,000 after purchasing an additional 1,521 shares in the last quarter. Callan Family Office LLC bought a new position in Booz Allen Hamilton in the fourth quarter worth about $632,000. Finally, Candriam S.C.A. raised its holdings in Booz Allen Hamilton by 7.5% in the fourth quarter. Candriam S.C.A. now owns 10,608 shares of the business services provider’s stock worth $1,365,000 after purchasing an additional 744 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Up 7.7 %

Shares of NYSE:BAH opened at $116.68 on Friday. Booz Allen Hamilton Holding Co. has a 1 year low of $101.82 and a 1 year high of $190.59. The firm has a market capitalization of $14.78 billion, a price-to-earnings ratio of 17.39, 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 current ratio of 1.57 and a quick ratio of 1.57. The business’s 50 day moving average price is $125.17 and its 200-day moving average price is $145.18.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, 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 was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.89%. The ex-dividend date was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. The Goldman Sachs Group reduced 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 report on Thursday, December 12th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Wells Fargo & Company cut their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Finally, Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.