Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report)'s share price reached a new 52-week low on Friday . The stock traded as low as $101.05 and last traded at $102.99, with a volume of 590261 shares trading hands. The stock had previously closed at $103.58.
Analysts Set New Price Targets
BAH has been the subject of several research analyst reports. StockNews.com cut Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. Raymond James upgraded 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 research note on Monday, February 3rd. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an "overweight" rating for the company in a research report on Wednesday, February 26th. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of "Hold" and a consensus target price of $158.27.
Check Out Our Latest Stock Analysis on Booz Allen Hamilton
Booz Allen Hamilton Stock Up 1.2 %
The company has a market cap of $13.48 billion, a PE ratio of 15.86, a P/E/G ratio of 1.25 and a beta of 0.56. The business has a 50-day simple moving average of $120.19 and a 200-day simple moving average of $141.21. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.
Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share 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%. Equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.
Booz Allen Hamilton Increases Dividend
The company 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 represents a $2.20 annualized dividend and a yield of 2.07%. This is a boost from Booz Allen Hamilton's previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's payout ratio is presently 32.79%.
Hedge Funds Weigh In On Booz Allen Hamilton
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC lifted its holdings in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 worth $29,000 after buying an additional 134 shares in the last quarter. R Squared Ltd acquired a new position in Booz Allen Hamilton during the fourth quarter worth about $31,000. Finally, SRS Capital Advisors Inc. grew its stake in Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after acquiring an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.
About Booz Allen Hamilton
(
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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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