Booz Allen Hamilton (NYSE:BAH) Stock Price Down 3.6% – Time to Sell?

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s share price fell 3.6% during mid-day trading on Wednesday . The stock traded as low as $103.55 and last traded at $103.46. 488,902 shares were traded during trading, a decline of 80% from the average session volume of 2,470,552 shares. The stock had previously closed at $107.36.

Analyst Ratings Changes

BAH has been the subject of several research reports. The Goldman Sachs Group reduced their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. William Blair downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. 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 note on Monday, January 6th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Stock Performance

The stock has a market cap of $14.14 billion, a PE ratio of 16.64, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a fifty day moving average price of $115.92 and a 200 day moving average price of $139.16. 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 announced its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 EPS 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%. Analysts expect that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date was Friday, February 14th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s dividend payout ratio (DPR) is 32.79%.

Hedge Funds Weigh In On Booz Allen Hamilton

Several hedge funds and other institutional investors have recently modified their holdings of BAH. Bogart Wealth LLC grew its stake in shares of Booz Allen Hamilton by 387.5% in 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 last quarter. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the 4th quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Booz Allen Hamilton by 74.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock worth $26,000 after buying an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake 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 buying an additional 134 shares during the period. Finally, R Squared Ltd purchased a new stake in Booz Allen Hamilton in the fourth quarter worth $31,000. 91.82% of the stock is owned by 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.