EntryPoint Capital LLC Takes Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

EntryPoint Capital LLC acquired a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,220 shares of the business services provider’s stock, valued at approximately $543,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. GW&K Investment Management LLC increased its holdings in shares of Booz Allen Hamilton by 0.7% in the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after acquiring an additional 3,435 shares during the last quarter. Versor Investments LP bought a new stake in Booz Allen Hamilton during the fourth quarter valued at $933,000. Bridges Investment Management Inc. raised its holdings in shares of Booz Allen Hamilton by 19.2% during the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after purchasing an additional 18,930 shares during the period. Cumberland Partners Ltd lifted its position in shares of Booz Allen Hamilton by 92.2% in the 4th quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after buying an additional 47,655 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of Booz Allen Hamilton by 51.7% in the 4th quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider’s stock worth $122,472,000 after buying an additional 324,159 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

BAH has been the topic of several research reports. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research note on Monday, January 6th. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective for the company. Finally, Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $158.27.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $105.15 on Tuesday. Booz Allen Hamilton Holding Co. has a 52-week low of $101.05 and a 52-week high of $190.59. The firm has a market capitalization of $13.32 billion, a PE ratio of 15.67, a P/E/G ratio of 1.25 and a beta of 0.56. The firm has a 50-day moving average price of $120.79 and a 200 day moving average price of $141.53. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

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 for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 2.09%. Booz Allen Hamilton’s payout ratio is 32.79%.

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.