Y Intercept Hong Kong Ltd Raises Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Y Intercept Hong Kong Ltd boosted its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 775.1% during the fourth quarter, Holdings Channel reports. The firm owned 40,000 shares of the business services provider’s stock after buying an additional 35,429 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Booz Allen Hamilton were worth $5,148,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Oppenheimer & Co. Inc. raised its holdings in Booz Allen Hamilton by 3.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 59 shares during the last quarter. Moody Aldrich Partners LLC grew its holdings in Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after purchasing an additional 74 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in Booz Allen Hamilton by 4.3% during the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after acquiring an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Booz Allen Hamilton by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after purchasing an additional 82 shares during the period. Finally, Apollon Wealth Management LLC boosted its stake in Booz Allen Hamilton by 5.5% in the third quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after acquiring an additional 86 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Down 1.2 %

NYSE:BAH opened at $112.27 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a 50-day moving average price of $129.46 and a two-hundred day moving average price of $147.79. Booz Allen Hamilton Holding Co. has a 1 year low of $106.69 and a 1 year high of $190.59. The stock has a market cap of $14.22 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 1.26 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, equities analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on BAH shares. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. UBS Group assumed coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus price target of $158.91.

Booz Allen Hamilton 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.