Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Average Recommendation of “Moderate Buy” from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $158.27.

BAH has been the subject of a number of analyst reports. William Blair cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Wells Fargo & Company cut 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 note on Wednesday, February 26th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock 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 for the company in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd.

Institutional Investors Weigh In On Booz Allen Hamilton

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $196,578,000. Raymond James Financial Inc. acquired a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $173,055,000. Janus Henderson Group PLC grew its stake in Booz Allen Hamilton by 179.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider’s stock worth $227,425,000 after buying an additional 1,135,426 shares during the period. Man Group plc raised its stake in shares of Booz Allen Hamilton by 2,293.2% in the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider’s stock valued at $145,224,000 after acquiring an additional 1,081,239 shares during the period. Finally, Bank of America Corp DE lifted its holdings 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 in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $109.07 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market capitalization of $13.81 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58. The firm has a 50-day moving average price of $115.43 and a two-hundred day moving average price of $138.81. Booz Allen Hamilton has a twelve month low of $101.05 and a twelve month high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating the consensus estimate 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, research analysts expect that Booz Allen Hamilton will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.02%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.79%.

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.