Catalyst Funds Management Pty Ltd Buys Shares of 3,300 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Catalyst Funds Management Pty Ltd purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,300 shares of the business services provider's stock, valued at approximately $425,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at $173,055,000. Van ECK Associates Corp boosted its stake in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock valued at $122,472,000 after purchasing an additional 324,159 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth about $48,349,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock valued at $209,651,000 after purchasing an additional 285,621 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Booz Allen Hamilton by 878.1% during the fourth quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider's stock worth $31,388,000 after buying an additional 218,949 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Trading Down 8.1 %

NYSE BAH traded down $9.11 during trading hours on Thursday, hitting $103.60. The company's stock had a trading volume of 4,992,682 shares, compared to its average volume of 2,517,405. The stock has a fifty day moving average of $122.48 and a 200 day moving average of $142.75. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm has a market capitalization of $13.12 billion, a P/E ratio of 15.44, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a twelve month low of $101.82 and a twelve month high of $190.59.

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Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data 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%. 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.12%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of research analyst reports. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target on the stock in a research report on Monday, February 3rd. Finally, Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. 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 company's stock. According to data from MarketBeat.com, the company 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.