Wilmington Savings Fund Society FSB Raises Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Wilmington Savings Fund Society FSB boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 783.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,087 shares of the business services provider’s stock after buying an additional 964 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Booz Allen Hamilton were worth $140,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BAH. Peterson Financial Group Inc. purchased a new position in Booz Allen Hamilton in the 3rd quarter valued at about $31,000. R Squared Ltd acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $31,000. Berbice Capital Management LLC acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at about $39,000. Gilliland Jeter Wealth Management LLC acquired a new stake in Booz Allen Hamilton in the 3rd quarter valued at about $45,000. Finally, Kennebec Savings Bank acquired a new stake in Booz Allen Hamilton in the 3rd quarter valued at about $60,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Down 2.1 %

Booz Allen Hamilton stock opened at $121.75 on Thursday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $120.92 and a fifty-two week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.56 and a current ratio of 1.57. The firm has a 50 day moving average price of $132.66 and a 200 day moving average price of $149.09. The company has a market capitalization of $15.42 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. Research analysts expect that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.81%. The ex-dividend date is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 30.40%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of Booz Allen Hamilton in a report on Friday, February 7th. They issued an “overweight” rating and a $160.00 price objective for the company. The Goldman Sachs Group cut their price objective 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. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $158.91.

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.