Booz Allen Hamilton (NYSE:BAH) Reaches New 1-Year Low – Here’s Why

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s share price reached a new 52-week low on Friday . The stock traded as low as $101.05 and last traded at $102.99, with a volume of 590261 shares traded. The stock had previously closed at $103.58.

Analysts Set New Price Targets

Several research firms recently weighed in on BAH. Wells Fargo & Company cut their price target 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. UBS Group began coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Monday, February 3rd. Raymond James upgraded 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 report on Monday, February 3rd. Finally, Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Trading Up 0.6 %

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 stock has a market capitalization of $13.20 billion, a PE ratio of 15.53, a PEG ratio of 1.25 and a beta of 0.56. The stock’s 50 day simple moving average is $121.39 and its two-hundred day simple moving average is $142.00.

Booz Allen Hamilton (NYSE:BAH) last announced 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%. On average, sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were paid a dividend of $0.55 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend was Friday, February 14th. Booz Allen Hamilton’s dividend payout ratio is presently 32.79%.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors have recently modified their holdings of the business. Oppenheimer & Co. Inc. lifted its stake in shares of Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after buying an additional 59 shares in the last quarter. Moody Aldrich Partners LLC lifted its stake 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 valued at $214,000 after buying an additional 74 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Booz Allen Hamilton by 4.3% during the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock worth $234,000 after acquiring an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its holdings in Booz Allen Hamilton by 2.0% during the 4th 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 period. Finally, M&T Bank Corp increased its holdings in Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock worth $1,309,000 after acquiring an additional 88 shares during the period. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

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.