Booz Allen Hamilton (NYSE:BAH) Stock Price Up 4.2% - Should You Buy?

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report)'s share price was up 4.2% during mid-day trading on Tuesday . The company traded as high as $106.75 and last traded at $106.98. Approximately 812,285 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 2,275,104 shares. The stock had previously closed at $102.72.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Barclays raised Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target on the stock in a research report on Monday, January 6th. JPMorgan Chase & Co. decreased their price objective on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a report on Monday, February 3rd. Finally, Wells Fargo & Company reduced their price target on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $158.27.

Booz Allen Hamilton Stock Down 3.4 %

The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The firm's 50 day simple moving average is $125.17 and its 200 day simple moving average is $145.08. The company has a market cap of $14.25 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. Booz Allen Hamilton's dividend payout ratio is currently 32.79%.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its holdings in Booz Allen Hamilton by 22.9% during the third quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider's stock worth $141,000 after purchasing an additional 161 shares in the last quarter. QRG Capital Management Inc. increased its position in shares of Booz Allen Hamilton by 12.4% during the 3rd quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider's stock valued at $569,000 after purchasing an additional 387 shares during the period. Amalgamated Bank raised its stake in shares of Booz Allen Hamilton by 14.2% in the 3rd quarter. Amalgamated Bank now owns 9,881 shares of the business services provider's stock worth $1,608,000 after buying an additional 1,228 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 32.4% in the third quarter. Concurrent Investment Advisors LLC now owns 2,323 shares of the business services provider's stock valued at $378,000 after buying an additional 569 shares during the period. Finally, Equitable Trust Co. boosted its stake in Booz Allen Hamilton by 43.1% during the third quarter. Equitable Trust Co. now owns 6,083 shares of the business services provider's stock valued at $990,000 after buying an additional 1,833 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

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.