According to the most recent SEC filing that the company submitted, Legal Advantage Investments Inc. made a new investment purchase in Booz Allen Hamilton Holding Co. (NYSE: BAH) during the third quarter. The company made the filing. To purchase 2,500 shares of the company’s stock, the fund made an investment that amounted to approximately $231,000 in total.
In addition, several prominent investors have made adjustments to the amount of the company’s stock that they own within the past few months. First Horizon Advisors Inc. raised the proportion of Booz Allen Hamilton stock that it owned during the second quarter to 73.9 percent, bringing it to a total of 73.9 percent. First Horizon Advisors Inc. now has 346 shares of the business services provider’s stock because the company made an additional purchase of 147 shares during the period in question. The company’s stock is currently valued at $30,000 due to this investment. During the second quarter, SeaCrest Wealth Management LLC spent an additional $30,000 to acquire additional shares of Booz Allen Hamilton, which led to an increase in the company’s overall holdings. Private Trust Co. NA increased its holdings in Booz Allen Hamilton by purchasing 37,000 additional company shares during the second quarter to reflect its increasing value. During the third quarter of the current fiscal year, Wipfli Financial Advisors LLC purchased Booz Allen Hamilton stock valued at $44,000. Not to mention, during the second quarter of 2018, Money Concepts Capital Corporation made a 31.7% increase in the Booz Allen Hamilton stock it owned, making that the final point of this article. Following the acquisition of 244 additional shares during the most recent quarter, Money Concepts Capital Corp. now directly owns 1,014 shares in the business services provider, with a value of $94,000. This brings the total number of shares directly owned by the company to 1,014. Institutional investors own most of the company’s stock, which amounts to 90.68 percent of the total.
Several different brokerage firms have recently provided commentary about BAH. In a research note published on Tuesday, January 10th, StockNews.com changed the recommendation they had previously given on shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating. Previously, they had given the shares of Booz Allen Hamilton a “hold” rating. In a research report published on Wednesday, October 19th, Raymond James lowered their rating on the stock of Booz Allen Hamilton from “outperform” to “market perform” and set their price objective at $99.00. In a research note published on October 31st, Trust Financial raised its “hold” rating on Booz Allen Hamilton stock and raised its price target from $100.00 to $106.00. Both of these changes were made to the company’s stock. Wells Fargo & Company stated in a research note published on November 7th that they have raised their price objective on shares of Booz Allen Hamilton from $100.00 to $109.00 and given the stock an “overweight” rating. The research note also stated that they had given the stock an “overweight” rating.
Last but not least, in a report released on January 3rd, Morgan Stanley upgraded their rating of the company to “overweight” and increased their price target on Booz Allen Hamilton shares from $110.00 to $118.00. This was done by raising their price target on Booz Allen Hamilton shares. Six market analysts have assigned a “buy” rating to the stock, while only four have assigned a “hold” rating. Bloomberg reports that the current average rating for the company is “Moderate Buy” and that the price at which it is anticipated to reach consensus is $103.
Shares of BAH rose by $1.23 during trading on Friday, bringing the company’s stock price up to $93.74 per share. The total trading volume in the company’s stock was 1,060,305 shares, which is higher than the average trading volume in the stock, which is 921,951. The lowest point during the past year for Booz Allen Hamilton Holding Co. was $69.68, and the highest point during the past year for the company was $112.55. The company’s stock price has a moving average over the past 50 days of $103.34, and its moving average over the past 200 days is $99.35. Each of the three ratios—the debt-to-equity ratio, the current ratio, and the quick ratio—comes in at 1.81, respectively. The ratio of debt to equity is currently 2.29. The company is currently valued at $12.40 billion based on several metrics, including its price-to-earnings ratio of 23.79, its price-to-earnings-to-growth ratio of 2.36, and its beta of 0.65. Each of these metrics contributed to the company’s valuation.
Booz Allen Hamilton (NYSE: BAH) disclosed the outcomes of its most recent quarterly earnings report on October 28th, a Friday. The provider of business services reported earnings per share (EPS) of $1.34 for the quarter, which is $0.22 higher than the analysts’ consensus estimate of $1.12 per share. The return on equity for Booz Allen Hamilton was calculated to be 52.33%, and the net margin for the company was calculated to be 6.00%. The corporation’s actual quarterly sales came in at $2.30 billion, which was significantly higher than the average estimate of $2.26 billion that was given for the corporation’s sales for the quarter. The company reported earnings of $1.26 per share during the corresponding period of the prior year’s financial year. According to the most recent quarterly report, the company’s revenue increased by 9.2 percent over the previous year. The projections of the research analysts indicate that the profits generated by each share of Booz Allen Hamilton Holding Company stock will amount to $4.46 in 2018.
In addition, on Friday, December 2nd, the company announced a quarterly dividend and distributed the dividend in the form of payment to shareholders. On November 15th, shareholders of record were given dividends amounting to $0.43 per share, which were distributed. The dividends have been distributed. The dividend distribution occurred on November 14th, when the payment was made. Because of this, the dividend yield for each quarter comes to 1.83%, and the dividend yield for each year, when compounded, is $1.72. At the moment, Booz Allen Hamilton has a dividend payout ratio of 43.65%, which means that they pay out that percentage of their earnings as dividends.
The Booz Allen Hamilton Holding Corporation is a global management and technology consulting service provider, including analytics, engineering, digital solutions, mission operations, and cyber services. These services are among the company’s many offerings. Their customers come from various backgrounds, including corporations, governments, and charitable organizations. The company offers consulting services in various fields, such as corporate strategy, management of human resources, and operational concerns.
