Analysts Set Booz Allen Hamilton Holding Co. (NYSE:BAH) PT at $158.80

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $158.91.

A number of research analysts have issued reports on BAH shares. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Monday, February 3rd. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Monday, February 3rd. Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Cantor Fitzgerald initiated coverage on shares of Booz Allen Hamilton in a report on Friday. They issued an “overweight” rating and a $160.00 price objective on the stock.

Institutional Trading of Booz Allen Hamilton

Several hedge funds have recently modified their holdings of BAH. Empirical Asset Management LLC bought a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at approximately $1,900,000. Blue Trust Inc. grew its stake in Booz Allen Hamilton by 133.8% in the 4th quarter. Blue Trust Inc. now owns 6,566 shares of the business services provider’s stock worth $845,000 after acquiring an additional 3,758 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in shares of Booz Allen Hamilton by 1.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 539,589 shares of the business services provider’s stock valued at $69,445,000 after acquiring an additional 8,365 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Booz Allen Hamilton by 45.6% in the fourth quarter. DAVENPORT & Co LLC now owns 49,798 shares of the business services provider’s stock valued at $6,405,000 after purchasing an additional 15,592 shares during the period. Finally, Cumberland Partners Ltd raised its position in Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider’s stock valued at $8,411,000 after purchasing an additional 14,620 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Down 1.0 %

BAH stock opened at $127.92 on Friday. 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 company has a market capitalization of $16.20 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 1.46 and a beta of 0.55. The company’s 50 day moving average price is $133.96 and its two-hundred day moving average price is $149.57. Booz Allen Hamilton has a one year low of $121.02 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating 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%. As a group, analysts predict that Booz Allen Hamilton will post 6.33 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders 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 1.72%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio is 30.40%.

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.