9,734 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Acquired by Entropy Technologies LP

Entropy Technologies LP bought a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,734 shares of the business services provider's stock, valued at approximately $1,253,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Empowered Funds LLC lifted its stake in Booz Allen Hamilton by 27.2% in the fourth quarter. Empowered Funds LLC now owns 21,209 shares of the business services provider's stock valued at $2,730,000 after buying an additional 4,534 shares during the period. Farmers & Merchants Investments Inc. lifted its stake in Booz Allen Hamilton by 4.1% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 62,102 shares of the business services provider's stock valued at $7,993,000 after buying an additional 2,436 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Booz Allen Hamilton by 783.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,087 shares of the business services provider's stock valued at $140,000 after buying an additional 964 shares during the period. Westbourne Investment Advisors Inc. raised its position in shares of Booz Allen Hamilton by 5.4% during the fourth quarter. Westbourne Investment Advisors Inc. now owns 49,079 shares of the business services provider's stock worth $6,316,000 after purchasing an additional 2,506 shares during the period. Finally, Triasima Portfolio Management inc. acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $882,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Down 0.2 %

Shares of NYSE:BAH traded down $0.20 during mid-day trading on Friday, reaching $117.68. 1,694,501 shares of the stock were exchanged, compared to its average volume of 2,025,666. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock's 50 day simple moving average is $131.60 and its 200-day simple moving average is $148.68. The company has a market cap of $14.90 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a one year low of $115.97 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. As a group, equities research analysts predict that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.87%. This is an increase from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 30.40%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group dropped their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. dropped their price target 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. Cantor Fitzgerald assumed coverage on Booz Allen Hamilton in a research report on Friday, February 7th. They set an "overweight" rating and a $160.00 price target on the stock. Finally, Truist Financial dropped their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $158.91.

Booz Allen Hamilton Company 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.