Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Average Rating of "Hold" by Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) have earned a consensus rating of "Hold" from the eleven ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $136.90.

Several analysts have issued reports on BAH shares. UBS Group upped their price target on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a report on Monday, May 19th. The Goldman Sachs Group downgraded Booz Allen Hamilton from a "neutral" rating to a "sell" rating and cut their price objective for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Wall Street Zen cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 15th. Finally, Wells Fargo & Company decreased their price objective on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday, May 23rd.

Hedge Funds Weigh In On Booz Allen Hamilton

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Booz Allen Hamilton by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 13,071,741 shares of the business services provider's stock worth $1,367,043,000 after buying an additional 237,720 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Booz Allen Hamilton by 12.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after purchasing an additional 501,725 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Booz Allen Hamilton by 15.3% in the 4th quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider's stock valued at $360,957,000 after purchasing an additional 371,390 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Booz Allen Hamilton by 179.7% during the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after purchasing an additional 1,135,426 shares during the period. Finally, Bessemer Group Inc. raised its holdings in Booz Allen Hamilton by 15.3% in the first quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider's stock valued at $178,853,000 after buying an additional 226,761 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Price Performance

BAH traded up $1.37 on Thursday, hitting $102.02. 1,776,908 shares of the company were exchanged, compared to its average volume of 1,679,725. Booz Allen Hamilton has a fifty-two week low of $99.13 and a fifty-two week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a market capitalization of $12.67 billion, a P/E ratio of 15.20, a price-to-earnings-growth ratio of 1.25 and a beta of 0.49. The business's fifty day moving average is $114.32 and its 200 day moving average is $121.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.02. The business had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $3.03 billion. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The company's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.33 EPS. As a group, sell-side analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 11th will be issued a $0.55 dividend. The ex-dividend date is Wednesday, June 11th. This represents a $2.20 dividend on an annualized basis and a yield of 2.16%. Booz Allen Hamilton's payout ratio is 30.34%.

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.