ExodusPoint Capital Management LP Invests $11.51 Million in Booz Allen Hamilton Holding Co. (NYSE:BAH)

ExodusPoint Capital Management LP bought a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 89,393 shares of the business services provider’s stock, valued at approximately $11,505,000.

Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after acquiring an additional 134 shares in the last quarter. R Squared Ltd acquired a new stake in Booz Allen Hamilton in the fourth quarter worth $31,000. Finally, SRS Capital Advisors Inc. increased its stake in Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 232 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 2.4 %

Shares of BAH stock opened at $109.07 on Friday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The company has a 50-day simple moving average of $115.43 and a two-hundred day simple moving average of $138.81. 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 company has a market capitalization of $13.81 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 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%. Research analysts anticipate 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 declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton’s payout ratio is 32.79%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BAH shares. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. TD Cowen reduced their price objective 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. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. The Goldman Sachs Group reduced their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Company Profile

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.