Booz Allen Hamilton (NYSE:BAH) Sets New 52-Week Low – Should You Sell?

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $120.92 and last traded at $121.90, with a volume of 1276629 shares changing hands. The stock had previously closed at $124.41.

Analyst Upgrades and Downgrades

BAH has been the topic of a number of recent analyst reports. 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. Cantor Fitzgerald started coverage on Booz Allen Hamilton in a research note on Friday, February 7th. They issued an “overweight” rating and a $160.00 target price on the stock. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a research report on Monday, February 3rd. TD Cowen cut their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group decreased their target price 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. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $158.91.

Booz Allen Hamilton Stock Down 2.1 %

The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.56. The stock’s 50 day simple moving average is $133.11 and its two-hundred day simple moving average is $149.28. The firm has a market cap of $15.42 billion, a P/E ratio of 18.14, a P/E/G ratio of 1.46 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping the consensus estimate 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 forecast that Booz Allen Hamilton Holding Co. will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th will be issued a $0.55 dividend. The ex-dividend date 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 1.81%. Booz Allen Hamilton’s payout ratio is 30.40%.

Institutional Investors Weigh In On Booz Allen Hamilton

Several institutional investors and hedge funds have recently made changes to their positions in BAH. Peterson Financial Group Inc. bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth $31,000. Bogart Wealth LLC increased its holdings 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 buying an additional 155 shares in the last quarter. OFI Invest Asset Management purchased a new position in Booz Allen Hamilton in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its stake in Booz Allen Hamilton by 144.1% during the 4th 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 period. Finally, SRS Capital Advisors Inc. boosted its holdings in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 232 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.