Triasima Portfolio Management inc. Takes Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Triasima Portfolio Management inc. purchased a new stake in shares of 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 SEC. The fund purchased 6,856 shares of the business services provider's stock, valued at approximately $882,000.

Other hedge funds have also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at approximately $31,000. R Squared Ltd purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at $31,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $45,000. Berbice Capital Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter valued at about $39,000. Finally, Kennebec Savings Bank purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at approximately $60,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Down 2.8 %

NYSE:BAH traded down $3.53 during midday trading on Tuesday, hitting $124.57. 1,296,025 shares of the company were exchanged, compared to its average volume of 1,959,267. The company has a fifty day simple moving average of $133.55 and a 200 day simple moving average of $149.39. The company has a market capitalization of $15.78 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a fifty-two week low of $121.02 and a fifty-two week high of $190.59. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) 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 anticipate that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.77%. This is a boost 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 presently 30.40%.

Analysts Set New Price Targets

BAH has been the subject of a number of research reports. StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Wells Fargo & Company cut their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 8th. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research note on Monday, February 3rd. JPMorgan Chase & Co. decreased their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group cut their price objective 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. One research analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $158.91.

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.