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

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) have received an average recommendation of "Hold" from the twelve analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $146.45.

Several analysts recently commented on BAH shares. Barclays upgraded Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. Wells Fargo & Company cut their price objective on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Truist Financial dropped their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Finally, William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in 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 worth $581,516,000 after purchasing an additional 501,725 shares during the period. First Trust Advisors LP boosted its position in shares of Booz Allen Hamilton by 15.3% in the fourth quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider's stock worth $360,957,000 after buying an additional 371,390 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Booz Allen Hamilton by 179.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after buying an additional 1,135,426 shares in the last quarter. Bank of America Corp DE raised its position in Booz Allen Hamilton by 61.4% during the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after buying an additional 590,655 shares during the period. Finally, Norges Bank purchased a new stake in Booz Allen Hamilton in the 4th quarter worth about $196,578,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $115.25 on Wednesday. Booz Allen Hamilton has a 1-year low of $101.05 and a 1-year high of $190.59. The firm has a market capitalization of $14.60 billion, a PE ratio of 17.18, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The business's fifty day moving average price is $110.50 and its two-hundred day moving average price is $134.01.

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 the consensus estimate 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, research analysts expect that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.91%. Booz Allen Hamilton's payout ratio is 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.

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