Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $146.45 Consensus Target Price from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) have been given a consensus recommendation of "Hold" by the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $146.45.

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

Institutional Trading of Booz Allen Hamilton

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in Booz Allen Hamilton by 12.5% in the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after purchasing an additional 501,725 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Booz Allen Hamilton by 15.3% in the 4th quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider's stock valued at $360,957,000 after acquiring an additional 371,390 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Booz Allen Hamilton by 179.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after acquiring an additional 1,135,426 shares during the period. Bessemer Group Inc. boosted its stake in Booz Allen Hamilton by 15.3% during the 1st quarter. Bessemer Group Inc. now owns 1,710,181 shares of the business services provider's stock worth $178,853,000 after acquiring an additional 226,761 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings 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 purchasing an additional 590,655 shares during the period. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH traded up $0.48 during trading hours on Wednesday, reaching $119.29. The stock had a trading volume of 1,196,180 shares, compared to its average volume of 1,522,950. Booz Allen Hamilton has a twelve month low of $101.05 and a twelve month high of $190.59. 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 is $110.54 and its two-hundred day moving average is $132.64. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.25 and a beta of 0.58.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping 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%. As a group, research analysts expect that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.84%. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is currently 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.