Triasima Portfolio Management inc. Invests $882,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Triasima Portfolio Management inc. acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,856 shares of the business services provider’s stock, valued at approximately $882,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $31,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $45,000. Berbice Capital Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $39,000. Finally, Kennebec Savings Bank acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $60,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.3 %

Shares of BAH stock opened at $128.98 on Friday. The stock’s fifty day moving average is $134.36 and its two-hundred day moving average is $149.88. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market capitalization of $16.48 billion, a P/E ratio of 19.22, a PEG ratio of 1.53 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 posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 70.51% and a net margin of 7.39%. Research analysts expect that Booz Allen Hamilton Holding Co. will post 6.32 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is currently 30.40%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Cantor Fitzgerald started coverage on shares of Booz Allen Hamilton in a research note on Friday. They set an “overweight” rating and a $160.00 price objective on the stock. TD Cowen dropped their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price target for the company from $180.00 to $190.00 in a research note on Monday, November 4th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research note on Monday. Finally, Wells Fargo & Company dropped 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $158.91.

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.