Booz Allen Hamilton (NYSE:BAH) Earns Neutral Rating from The Goldman Sachs Group

The Goldman Sachs Group reiterated their neutral rating on shares of Booz Allen Hamilton (NYSE:BAH - Free Report) in a research note released on Friday, MarketBeat.com reports. The brokerage currently has a $109.00 price target on the business services provider's stock, down from their prior price target of $150.00.

A number of other equities research analysts have also commented on the stock. William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. 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 note on Monday, January 6th. Raymond James raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. TD Cowen dropped their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $146.45.

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Booz Allen Hamilton Trading Down 1.5 %

Booz Allen Hamilton stock traded down $1.65 during mid-day trading on Friday, hitting $110.38. 1,537,918 shares of the company's stock were exchanged, compared to its average volume of 1,470,113. The company's 50 day simple moving average is $111.95 and its 200-day simple moving average is $135.88. 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 has a market capitalization of $13.98 billion, a P/E ratio of 16.45, a PEG ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton has a fifty-two week low of $101.05 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its quarterly earnings results 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 return on equity of 68.97% and a net margin of 7.39%. On average, equities analysts anticipate that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.99%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 32.79%.

Hedge Funds Weigh In On Booz Allen Hamilton

Several large investors have recently modified their holdings of BAH. JPMorgan Chase & Co. raised 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 in the last quarter. First Trust Advisors LP boosted its stake 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 valued at $360,957,000 after buying an additional 371,390 shares during the period. Geode Capital Management LLC grew its position in Booz Allen Hamilton by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider's stock worth $381,898,000 after buying an additional 58,038 shares in the last quarter. Janus Henderson Group PLC raised its holdings in 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 in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Booz Allen Hamilton by 61.4% during the 4th 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 acquiring an additional 590,655 shares during the period. 91.82% of the stock is owned by institutional investors.

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.