Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $158.27 Consensus PT from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given a consensus recommendation of “Moderate Buy” by the twelve research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $158.27.

BAH has been the topic of several recent research reports. Wells Fargo & Company dropped their price objective on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a report on Monday, January 6th. TD Cowen reduced their price objective 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. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Monday, February 3rd. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th.

Hedge Funds Weigh In On Booz Allen Hamilton

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Moody Aldrich Partners LLC raised its position in shares of Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock worth $214,000 after purchasing an additional 74 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after acquiring an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Booz Allen Hamilton by 2.0% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock worth $535,000 after acquiring an additional 82 shares during the last quarter. M&T Bank Corp raised its stake in Booz Allen Hamilton by 0.9% in the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock valued at $1,309,000 after purchasing an additional 88 shares during the last quarter. Finally, Verdence Capital Advisors LLC lifted its holdings in Booz Allen Hamilton by 0.5% in the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider’s stock valued at $2,134,000 after purchasing an additional 90 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $104.84 on Friday. The stock’s fifty day moving average price is $117.73 and its 200 day moving average price is $139.89. Booz Allen Hamilton has a 1 year low of $101.05 and a 1 year high of $190.59. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $13.28 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.25 and a beta of 0.56.

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

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid 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 2.10%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.79%.

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.