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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings 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 given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $158.27.

BAH has been the subject of several recent analyst reports. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Truist Financial decreased their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. UBS Group assumed coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Finally, Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a report on Monday, January 6th.

Institutional Trading of Booz Allen Hamilton

Several hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in shares of Booz Allen Hamilton by 22.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 865 shares of the business services provider’s stock worth $141,000 after buying an additional 161 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Booz Allen Hamilton by 80.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,411 shares of the business services provider’s stock worth $2,671,000 after buying an additional 7,292 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Booz Allen Hamilton by 34.8% during the 3rd quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider’s stock worth $102,437,000 after buying an additional 162,083 shares in the last quarter. National Pension Service raised its position in shares of Booz Allen Hamilton by 3.7% during the 3rd quarter. National Pension Service now owns 204,866 shares of the business services provider’s stock worth $33,344,000 after buying an additional 7,222 shares in the last quarter. Finally, QRG Capital Management Inc. raised its position in shares of Booz Allen Hamilton by 12.4% during the 3rd quarter. QRG Capital Management Inc. now owns 3,498 shares of the business services provider’s stock worth $569,000 after buying an additional 387 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $116.68 on Tuesday. The firm has a market cap of $14.78 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton has a 1-year low of $101.82 and a 1-year high of $190.59. The firm has a fifty day moving average of $125.17 and a two-hundred day moving average of $145.18.

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 for the quarter, topping 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 anticipate 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 disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, February 14th. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 1.89%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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.