Teacher Retirement System of Texas Boosts Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Teacher Retirement System of Texas raised its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 328.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 431,043 shares of the business services provider's stock after purchasing an additional 330,344 shares during the quarter. Teacher Retirement System of Texas owned 0.34% of Booz Allen Hamilton worth $55,475,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in Booz Allen Hamilton by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider's stock valued at $381,898,000 after buying an additional 58,038 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $173,055,000. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in shares of Booz Allen Hamilton by 11.8% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,342,528 shares of the business services provider's stock valued at $184,347,000 after purchasing an additional 141,541 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its stake in Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock worth $209,651,000 after purchasing an additional 285,621 shares in the last quarter. Finally, Eagle Asset Management Inc. grew its stake in Booz Allen Hamilton by 3.6% in the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider's stock worth $155,810,000 after purchasing an additional 32,897 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several brokerages have weighed in on BAH. StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. UBS Group initiated coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 target price on the stock. Finally, The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $158.27.

Booz Allen Hamilton Stock Up 1.2 %

NYSE:BAH traded up $1.27 during mid-day trading on Tuesday, hitting $106.44. 1,950,161 shares of the company's stock traded hands, compared to its average volume of 1,277,833. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $13.48 billion, a P/E ratio of 15.86, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a fifty day moving average of $120.79 and a 200 day moving average of $141.53. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59.

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

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.07%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 32.79%.

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.