Entropy Technologies LP Acquires Shares of 9,734 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Entropy Technologies LP bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, HoldingsChannel.com reports. The fund bought 9,734 shares of the business services provider’s stock, valued at approximately $1,253,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Booz Allen Hamilton by 700.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the business services provider’s stock worth $130,000 after buying an additional 700 shares in the last quarter. CHICAGO TRUST Co NA bought a new position in Booz Allen Hamilton in the 3rd quarter valued at approximately $307,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Booz Allen Hamilton by 13.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock valued at $111,000 after purchasing an additional 79 shares during the last quarter. Wesbanco Bank Inc. increased its holdings in shares of Booz Allen Hamilton by 9.5% in the 3rd quarter. Wesbanco Bank Inc. now owns 2,881 shares of the business services provider’s stock worth $469,000 after purchasing an additional 251 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Booz Allen Hamilton by 11.3% in the third quarter. Creative Planning now owns 7,485 shares of the business services provider’s stock worth $1,218,000 after purchasing an additional 758 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BAH shares. Cantor Fitzgerald started coverage on Booz Allen Hamilton in a report on Friday. They issued an “overweight” rating and a $160.00 price objective for the company. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. UBS Group started coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective on the stock. JPMorgan Chase & Co. cut their target price 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, Wells Fargo & Company lowered their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.91.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $128.10 on Tuesday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.56 and a current ratio of 1.57. The business’s fifty day moving average is $133.55 and its 200 day moving average is $149.39. The company has a market capitalization of $16.22 billion, a PE ratio of 19.09, 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.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) 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%. Sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.72%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.