Stevens Capital Management LP Makes New $420,000 Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Stevens Capital Management LP purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,263 shares of the business services provider's stock, valued at approximately $420,000.

Several other institutional investors and hedge funds also recently modified their holdings of BAH. Raymond James Financial Inc. acquired a new stake in Booz Allen Hamilton in the 4th quarter valued at $173,055,000. Teacher Retirement System of Texas grew its stake in Booz Allen Hamilton by 328.1% in the fourth quarter. Teacher Retirement System of Texas now owns 431,043 shares of the business services provider's stock valued at $55,475,000 after purchasing an additional 330,344 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Booz Allen Hamilton by 51.7% during the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock worth $122,472,000 after purchasing an additional 324,159 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at approximately $48,349,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Booz Allen Hamilton by 28.5% in 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 acquiring an additional 285,621 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Down 0.5 %

NYSE BAH traded down $0.56 during trading hours on Friday, hitting $105.30. 1,394,368 shares of the company's stock were exchanged, compared to its average volume of 1,333,711. The firm has a market cap of $13.34 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 1.25 and a beta of 0.56. The stock has a 50-day simple moving average of $118.36 and a 200 day simple moving average of $140.40. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a 1-year low of $101.05 and a 1-year 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 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, equities analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.09%. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's payout ratio is presently 32.79%.

Analysts Set New Price Targets

BAH has been the topic of several research reports. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. William Blair downgraded Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They issued a "neutral" rating and a $159.00 price objective for the company. StockNews.com lowered Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $158.27.

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.