Booz Allen Hamilton (NYSE:BAH) Trading Down 3.7% - Here's Why

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) shares traded down 3.7% during mid-day trading on Wednesday . The company traded as low as $112.41 and last traded at $112.26. 1,475,107 shares changed hands during trading, an increase of 20% from the average session volume of 1,224,397 shares. The stock had previously closed at $116.52.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BAH shares. StockNews.com cut shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday, December 5th. The Goldman Sachs Group decreased their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. UBS Group began coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a "neutral" rating and a $159.00 target price for the company. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a report on Monday, February 3rd. Finally, Barclays upgraded shares of Booz Allen Hamilton from an "underweight" rating to an "equal weight" rating and set a $140.00 price target for the company in a report on Monday, January 6th. One research 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.com, the company has an average rating of "Hold" and an average target price of $158.27.

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Booz Allen Hamilton Trading Up 0.6 %

The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The business has a fifty day moving average price of $121.39 and a 200 day moving average price of $142.00.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results 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 forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were given a $0.55 dividend. 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 yield of 2.11%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton's dividend payout ratio is presently 32.79%.

Institutional Trading of Booz Allen Hamilton

Hedge funds and other institutional investors have recently modified their holdings of the business. Bogart Wealth LLC grew its stake in Booz Allen Hamilton by 387.5% during 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 during the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased 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 during the last quarter. R Squared Ltd acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at $31,000. Finally, SRS Capital Advisors Inc. boosted 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 during the last quarter. 91.82% of the stock is owned by hedge funds and other 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.