Booz Allen Hamilton (NYSE:BAH) Trading Down 5.5% – What’s Next?

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s share price fell 5.5% during trading on Thursday . The stock traded as low as $140.36 and last traded at $135.12. 295,653 shares were traded during trading, a decline of 82% from the average session volume of 1,680,218 shares. The stock had previously closed at $143.06.

Analysts Set New Price Targets

BAH has been the topic of several recent research reports. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a research report on Monday, January 6th. Wells Fargo & Company cut their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. UBS Group initiated coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 target price on the stock. Finally, JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Trading Down 4.6 %

The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market cap of $17.44 billion, a price-to-earnings ratio of 21.40, a P/E/G ratio of 1.71 and a beta of 0.55. The company’s 50-day moving average is $137.90 and its 200-day moving average is $151.80.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is 32.03%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Peterson Financial Group Inc. bought a new position in shares of Booz Allen Hamilton during the third quarter worth $31,000. R Squared Ltd acquired a new stake in Booz Allen Hamilton during the 4th quarter worth $31,000. Gilliland Jeter Wealth Management LLC acquired a new position in Booz Allen Hamilton in the third quarter valued at about $45,000. Berbice Capital Management LLC bought a new stake in shares of Booz Allen Hamilton in the fourth quarter worth about $39,000. Finally, Kennebec Savings Bank acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $60,000. Institutional investors and hedge funds 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.