Booz Allen Hamilton (NYSE:BAH) Trading 4.2% Higher – Time to Buy?

Booz Allen Hamilton Holding Co. (NYSE:BAH) shot up 4.2% on Tuesday . The company traded as high as $106.75 and last traded at $106.98. 812,285 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 2,275,104 shares. The stock had previously closed at $102.72.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a research report on Monday, January 6th. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. The Goldman Sachs Group reduced their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, TD Cowen cut their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. One equities research 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. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $158.27.

Booz Allen Hamilton Stock Up 2.8 %

The firm has a market cap of $13.37 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 1.25 and a beta of 0.55. The firm has a 50 day moving average of $126.74 and a 200 day moving average of $146.21. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping 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, sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a yield of 2.08%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Institutional Trading of Booz Allen Hamilton

Institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC grew its position in Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC increased its position in shares of Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton during the third quarter valued at approximately $31,000. Finally, R Squared Ltd bought a new stake in Booz Allen Hamilton during the fourth quarter worth $31,000. Institutional investors own 91.82% of the company’s stock.

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.