Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Average Recommendation of "Hold" from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) has been assigned an average recommendation of "Hold" from the twelve analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $146.45.

Several research analysts recently commented on the stock. TD Cowen dropped their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Wells Fargo & Company decreased their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Raymond James raised 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 report on Monday, February 3rd. Finally, Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective for the company in a research report on Monday, January 6th.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently added to or reduced their stakes in the stock. Bogart Wealth LLC boosted its stake in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton during the fourth quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its stake in shares of Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after purchasing an additional 134 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock worth $31,000 after purchasing an additional 232 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $31,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 0.6 %

Booz Allen Hamilton stock traded down $0.69 during mid-day trading on Wednesday, hitting $118.90. 1,142,324 shares of the company's stock were exchanged, compared to its average volume of 1,524,257. Booz Allen Hamilton has a 1-year low of $101.05 and a 1-year high of $190.59. The stock has a 50 day moving average of $110.54 and a two-hundred day moving average of $132.64. The stock has a market cap of $15.06 billion, a P/E ratio of 17.72, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.85%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's payout ratio is presently 32.79%.

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.