Booz Allen Hamilton’s (BAH) Neutral Rating Reiterated at The Goldman Sachs Group

The Goldman Sachs Group reissued their neutral rating on shares of Booz Allen Hamilton (NYSE:BAH) in a report released on Friday morning, MarketBeat reports. The brokerage currently has a $109.00 price target on the business services provider’s stock, down from their prior price target of $150.00.

A number of other research analysts also recently commented on the stock. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Monday, February 3rd. JPMorgan Chase & Co. dropped 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 research note on Monday, February 3rd. Wells Fargo & Company reduced their price objective on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Finally, Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $152.36.

Booz Allen Hamilton Stock Down 0.4 %

Shares of NYSE:BAH opened at $108.42 on Friday. The firm has a 50 day simple moving average of $112.29 and a 200 day simple moving average of $136.22. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton has a 52 week low of $101.05 and a 52 week high of $190.59. The company has a market cap of $13.73 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.58.

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 for the quarter, beating analysts’ consensus estimates 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, research analysts expect 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. Shareholders of record on Friday, February 14th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.03%. 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. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Moody Aldrich Partners LLC grew its position in shares of Booz Allen Hamilton by 4.7% in the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after purchasing an additional 74 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in Booz Allen Hamilton by 4.3% in the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after buying an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in Booz Allen Hamilton by 2.0% in 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 buying an additional 82 shares during the period. M&T Bank Corp increased its position 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 worth $1,309,000 after buying an additional 88 shares during the period. Finally, Verdence Capital Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 0.5% during the fourth quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider’s stock worth $2,134,000 after buying an additional 90 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

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.