Empowered Funds LLC Purchases 4,534 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Empowered Funds LLC grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 27.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,209 shares of the business services provider's stock after purchasing an additional 4,534 shares during the period. Empowered Funds LLC's holdings in Booz Allen Hamilton were worth $2,730,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Westfield Capital Management Co. LP acquired a new position in Booz Allen Hamilton during the third quarter valued at $48,349,000. Caisse DE Depot ET Placement DU Quebec raised its position in Booz Allen Hamilton by 28.5% during the third 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 buying an additional 285,621 shares during the period. FMR LLC raised its position in Booz Allen Hamilton by 111.6% during the third quarter. FMR LLC now owns 356,828 shares of the business services provider's stock valued at $58,077,000 after buying an additional 188,185 shares during the period. KBC Group NV raised its position in Booz Allen Hamilton by 1,207.8% during the fourth quarter. KBC Group NV now owns 189,899 shares of the business services provider's stock valued at $24,440,000 after buying an additional 175,378 shares during the period. Finally, Van ECK Associates Corp raised its position in Booz Allen Hamilton by 34.8% during the third quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider's stock valued at $102,437,000 after buying an additional 162,083 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on BAH. Cantor Fitzgerald began coverage on Booz Allen Hamilton in a research report on Friday, February 7th. They issued an "overweight" rating and a $160.00 target price on the stock. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. JPMorgan Chase & Co. dropped their target price on 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. Jefferies Financial Group lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating and upped their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. Finally, UBS Group began coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price on the stock. One 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $158.91.

Booz Allen Hamilton Stock Down 0.2 %

Shares of NYSE BAH traded down $0.20 during mid-day trading on Monday, reaching $117.68. 1,694,501 shares of the company traded hands, compared to its average volume of 1,996,057. 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 stock has a market cap of $14.90 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55. The company's fifty day moving average is $131.14 and its two-hundred day moving average is $148.61. Booz Allen Hamilton Holding Co. has a fifty-two week low of $115.97 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced 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 return on equity of 68.97% and a net margin of 7.39%. On average, 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 announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a dividend of $0.55 per share. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 1.87%. Booz Allen Hamilton's dividend payout ratio is presently 30.40%.

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.