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

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) has received a consensus rating of "Moderate Buy" from the eleven analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $158.91.

A number of equities analysts have recently weighed in on BAH shares. Cantor Fitzgerald assumed coverage on Booz Allen Hamilton in a research note on Friday. They issued an "overweight" rating and a $160.00 price objective for the company. Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. StockNews.com downgraded shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. JPMorgan Chase & Co. dropped their price target on Booz Allen Hamilton from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Monday, February 3rd. Finally, Truist Financial decreased their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research report on Friday, November 22nd.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock traded up $0.16 on Friday, hitting $128.10. 1,313,316 shares of the company's stock were exchanged, compared to its average volume of 1,986,901. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.56 and a current ratio of 1.57. The stock has a market capitalization of $16.22 billion, a PE ratio of 19.09, a PEG ratio of 1.46 and a beta of 0.55. Booz Allen Hamilton has a 1 year low of $121.02 and a 1 year high of $190.59. The company has a 50-day simple moving average of $133.55 and a 200-day simple moving average of $149.39.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. As a group, equities analysts anticipate that Booz Allen Hamilton will post 6.33 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a $0.55 dividend. This is a positive change from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date is Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 1.72%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 30.40%.

Institutional Trading of Booz Allen Hamilton

A number of large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Booz Allen Hamilton during the 4th quarter valued at about $173,055,000. Van ECK Associates Corp increased its position in shares of Booz Allen Hamilton by 51.7% during the fourth quarter. Van ECK Associates Corp now owns 951,605 shares of the business services provider's stock worth $122,472,000 after acquiring an additional 324,159 shares during the period. Westfield Capital Management Co. LP purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at approximately $48,349,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider's stock valued at $209,651,000 after purchasing an additional 285,621 shares during the period. Finally, Los Angeles Capital Management LLC grew its stake in Booz Allen Hamilton by 878.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 243,882 shares of the business services provider's stock worth $31,388,000 after purchasing an additional 218,949 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other 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.