Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares Purchased by Entropy Technologies LP

Key Points

• Entropy Technologies LP increased its stake in Booz Allen Hamilton by 216.8% in the first quarter, owning 30,841 shares valued at approximately $3.23 million.
• Several other institutional investors also boosted their positions, with 91.82% of the stock now owned by institutional investors and hedge funds.
• Booz Allen Hamilton announced a quarterly dividend of $0.55 per share, representing an annualized amount of $2.20 and a yield of 2.0%.

Entropy Technologies LP increased its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 216.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,841 shares of the business services provider's stock after purchasing an additional 21,107 shares during the quarter. Entropy Technologies LP's holdings in Booz Allen Hamilton were worth $3,225,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FIL Ltd grew its stake in Booz Allen Hamilton by 63.3% during the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock worth $19,735,000 after purchasing an additional 59,440 shares in the last quarter. Capital World Investors boosted its position in shares of Booz Allen Hamilton by 591.1% during the 4th quarter. Capital World Investors now owns 349,917 shares of the business services provider's stock worth $45,034,000 after acquiring an additional 299,283 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in shares of Booz Allen Hamilton by 10.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider's stock worth $5,531,000 after acquiring an additional 4,905 shares in the last quarter. Natixis boosted its position in shares of Booz Allen Hamilton by 3,032.5% during the 4th quarter. Natixis now owns 42,163 shares of the business services provider's stock worth $5,426,000 after acquiring an additional 40,817 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $11,715,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 0.3%

BAH opened at $110.45 on Friday. The business has a 50 day moving average price of $106.29 and a two-hundred day moving average price of $112.87. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The company has a market cap of $13.61 billion, a PE ratio of 13.57, a P/E/G ratio of 1.73 and a beta of 0.47. Booz Allen Hamilton Holding Corporation has a 52 week low of $98.95 and a 52 week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%. The firm's revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 EPS. As a group, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Thursday, August 14th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $2.20 annualized dividend and a yield of 2.0%. Booz Allen Hamilton's dividend payout ratio is currently 27.03%.

Analyst Ratings Changes

Several research analysts have recently issued reports on BAH shares. UBS Group set a $119.00 price objective on Booz Allen Hamilton and gave the stock a "neutral" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. upped their price objective on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Stifel Nicolaus upped their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a research report on Monday, July 28th. Finally, Barclays lowered their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $134.00.

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.

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