Polen Capital Management LLC Boosts Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Polen Capital Management LLC grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 88.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,900 shares of the business services provider's stock after buying an additional 4,178 shares during the quarter. Polen Capital Management LLC's holdings in Booz Allen Hamilton were worth $1,145,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC boosted its stake in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after buying an additional 155 shares during the period. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after purchasing an additional 134 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in Booz Allen Hamilton during the third quarter worth approximately $31,000. Finally, R Squared Ltd purchased a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

BAH stock traded down $9.11 on Thursday, reaching $103.60. 4,994,555 shares of the company's stock were exchanged, compared to its average volume of 1,249,164. The stock has a fifty day moving average of $122.48 and a 200-day moving average of $142.75. Booz Allen Hamilton Holding Co. has a twelve month low of $101.82 and a twelve month high of $190.59. The firm has a market cap of $13.12 billion, a PE ratio of 15.44, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

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Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping 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 analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm 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. This represents a $2.20 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 32.79%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on BAH shares. Wells Fargo & Company decreased their target price on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research note on Wednesday, February 26th. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research note on Monday, February 3rd. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. UBS Group started coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price target on the stock. Finally, StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $158.27.

Booz Allen Hamilton 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.