Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $158.91.

A number of equities analysts have commented on BAH shares. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and boosted their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Cantor Fitzgerald began coverage on shares of Booz Allen Hamilton in a research note on Friday, February 7th. They issued an "overweight" rating and a $160.00 target price for the company. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research note on Monday, February 3rd. Barclays raised shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price objective on the stock in a report on Monday, January 6th. Finally, TD Cowen dropped their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th.

Hedge Funds Weigh In On Booz Allen Hamilton

Institutional investors have recently modified their holdings of the stock. Bogart Wealth LLC boosted its position in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock worth $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management bought a new position in Booz Allen Hamilton during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC grew its stake in Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after acquiring an additional 134 shares during the period. Peterson Financial Group Inc. bought a new stake in shares of Booz Allen Hamilton in the third quarter worth about $31,000. Finally, R Squared Ltd bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at about $31,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded down $4.03 during trading on Friday, hitting $117.85. 3,305,385 shares of the company's stock traded hands, compared to its average volume of 2,037,082. Booz Allen Hamilton has a twelve month low of $116.07 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 1.56. The company has a market cap of $14.93 billion, a PE ratio of 17.56, a PEG ratio of 1.46 and a beta of 0.55. The firm's fifty day moving average price is $132.66 and its 200 day moving average price is $149.09.

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 earnings per share 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%. Analysts forecast that Booz Allen Hamilton will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date is Friday, February 14th. This is a boost 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 1.87%. Booz Allen Hamilton's payout ratio is 30.40%.

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.