Booz Allen Hamilton (NYSE:BAH) Lowered to Market Perform Rating by William Blair

William Blair cut shares of Booz Allen Hamilton (NYSE:BAH) from an outperform rating to a market perform rating in a report released on Friday morning, MarketBeat.com reports.

A number of other research firms have also recently commented on BAH. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price on the stock in a research report on Monday, January 6th. Truist Financial lowered their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. TD Cowen lowered their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. UBS Group assumed coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price for the company. Finally, StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $158.91.

Booz Allen Hamilton Price Performance

NYSE:BAH opened at $112.27 on Friday. The stock has a market cap of $14.22 billion, a PE ratio of 16.73, a P/E/G ratio of 1.31 and a beta of 0.55. Booz Allen Hamilton has a one year low of $106.69 and a one year high of $190.59. 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 stock has a 50 day moving average price of $129.46 and a 200 day moving average price of $147.76.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (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 68.97%. Equities research analysts expect that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.96%. The ex-dividend date is Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

Institutional Trading of Booz Allen Hamilton

Institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC lifted its stake in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC raised its holdings in Booz Allen Hamilton by 144.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after purchasing an additional 134 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter valued at about $31,000. Finally, R Squared Ltd bought a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $31,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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.