Empowered Funds LLC Buys 4,534 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Empowered Funds LLC boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 27.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,209 shares of the business services provider’s stock after purchasing an additional 4,534 shares during the period. Empowered Funds LLC’s holdings in Booz Allen Hamilton were worth $2,730,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. grew its position in Booz Allen Hamilton by 4.1% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 62,102 shares of the business services provider’s stock worth $7,993,000 after purchasing an additional 2,436 shares during the period. Wilmington Savings Fund Society FSB boosted its stake in shares of Booz Allen Hamilton by 783.7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,087 shares of the business services provider’s stock worth $140,000 after acquiring an additional 964 shares during the last quarter. Westbourne Investment Advisors Inc. boosted its stake in shares of Booz Allen Hamilton by 5.4% during the 4th quarter. Westbourne Investment Advisors Inc. now owns 49,079 shares of the business services provider’s stock worth $6,316,000 after acquiring an additional 2,506 shares during the last quarter. Triasima Portfolio Management inc. purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth $882,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Booz Allen Hamilton by 3.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 267,182 shares of the business services provider’s stock worth $34,386,000 after acquiring an additional 8,301 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $117.85 on Friday. The company’s 50-day moving average price is $132.66 and its 200-day moving average price is $149.09. Booz Allen Hamilton Holding Co. has a twelve month low of $116.07 and a twelve month high of $190.59. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market cap of $14.93 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 research analysts forecast that Booz Allen Hamilton Holding Co. will post 6.33 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a dividend of $0.55 per share. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 30.40%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. dropped their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research note on Monday, January 6th. Truist Financial decreased their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. Finally, The Goldman Sachs Group decreased their price target on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. One 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 has a consensus rating of “Moderate Buy” and a consensus price target of $158.91.

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.