Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Consensus Recommendation of “Hold” from Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $158.80.

BAH has been the topic of several analyst reports. Wells Fargo & Company cut their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. The Goldman Sachs Group reduced their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. TD Cowen decreased their price target on 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. Barclays upgraded 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. Finally, 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 research report on Monday.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds have recently modified their holdings of BAH. Bogart Wealth LLC lifted its holdings in Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 155 shares during the period. Peterson Financial Group Inc. acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $31,000. R Squared Ltd purchased a new stake in Booz Allen Hamilton during the fourth quarter worth $31,000. SRS Capital Advisors Inc. grew its position in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after buying an additional 232 shares during the period. Finally, Roxbury Financial LLC acquired a new stake in Booz Allen Hamilton during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.3 %

BAH opened at $128.98 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market cap of $16.48 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton has a 12 month low of $121.02 and a 12 month high of $190.59. The stock has a fifty day moving average price of $134.36 and a 200-day moving average price of $149.88.

Booz Allen Hamilton (NYSE:BAH) last announced its 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 net margin of 7.39% and a return on equity of 70.51%. As a group, equities research analysts anticipate that Booz Allen Hamilton will post 6.32 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 14th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 30.40%.

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.