Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $146.45 Average PT from Brokerages

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

A number of brokerages recently weighed in on BAH. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. Truist Financial decreased their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price target for the company in a research note on Monday, February 3rd. Finally, TD Cowen reduced their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bogart Wealth LLC boosted its position in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the 4th quarter valued at $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after acquiring an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC grew 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 worth $29,000 after acquiring an additional 134 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded up $0.78 during trading hours on Wednesday, hitting $120.08. The company's stock had a trading volume of 563,435 shares, compared to its average volume of 1,523,091. The company has a 50 day moving average of $110.66 and a 200 day moving average of $132.55. Booz Allen Hamilton has a 12-month low of $101.05 and a 12-month high of $190.59. The stock has a market cap of $15.21 billion, a PE ratio of 17.90, a price-to-earnings-growth 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 announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating 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, sell-side analysts forecast that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a $0.55 dividend. This is an increase 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 1.83%. Booz Allen Hamilton's dividend payout ratio is presently 32.79%.

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.