Booz Allen Hamilton Holding Corporation (NYSE:BAH) Short Interest Update

Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 3,720,000 shares, a decrease of 28.5% from the May 15th total of 5,200,000 shares. Approximately 3.0% of the company's stock are sold short. Based on an average trading volume of 2,420,000 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of hedge funds have recently bought and sold shares of BAH. M&T Bank Corp grew its stake in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after acquiring an additional 88 shares during the period. Verdence Capital Advisors LLC boosted its holdings in Booz Allen Hamilton by 0.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock worth $2,134,000 after purchasing an additional 90 shares during the last quarter. Trajan Wealth LLC boosted its holdings in Booz Allen Hamilton by 5.8% in the fourth quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider's stock worth $216,000 after purchasing an additional 92 shares during the last quarter. Personal CFO Solutions LLC grew its position in Booz Allen Hamilton by 3.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider's stock worth $286,000 after purchasing an additional 92 shares during the period. Finally, Raiffeisen Bank International AG raised its stake in Booz Allen Hamilton by 4.9% during the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider's stock valued at $225,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Down 2.0%

Shares of NYSE BAH traded down $2.06 during midday trading on Friday, hitting $99.94. The stock had a trading volume of 939,234 shares, compared to its average volume of 1,703,770. The business's 50 day moving average is $113.68 and its 200-day moving average is $119.68. Booz Allen Hamilton has a 52 week low of $99.13 and a 52 week high of $190.59. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 3.90. The company has a market cap of $12.41 billion, a P/E ratio of 13.79, a PEG ratio of 1.59 and a beta of 0.49.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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 72.35% and a net margin of 7.81%. The firm's quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.33 EPS. As a group, analysts predict that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 2.20%. Booz Allen Hamilton's payout ratio is 30.34%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. UBS Group lifted their price target on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a research report on Monday, May 19th. Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Barclays decreased their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 28th. JPMorgan Chase & Co. dropped their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 15th. Finally, William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and an average price target of $136.90.

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.