Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $161.78 Consensus PT from Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned an average rating of “Hold” from the nine analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $161.78.

BAH has been the subject of a number of analyst reports. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a report on Monday, January 6th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their target price for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. Finally, StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $136.22 on Monday. Booz Allen Hamilton has a fifty-two week low of $125.88 and a fifty-two week high of $190.59. The stock has a market cap of $17.40 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55. The business has a fifty day moving average of $140.20 and a 200-day moving average of $152.08. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton’s payout ratio is 32.03%.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the transaction, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 14.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at $4,886,970. This represents a 12.07 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its position in shares of Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after purchasing an additional 59 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Booz Allen Hamilton by 13.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock worth $111,000 after purchasing an additional 79 shares during the period. Apollon Wealth Management LLC raised its position in shares of Booz Allen Hamilton by 5.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock worth $271,000 after purchasing an additional 86 shares during the period. AIA Group Ltd raised its position in shares of Booz Allen Hamilton by 0.9% during the 3rd quarter. AIA Group Ltd now owns 11,600 shares of the business services provider’s stock worth $1,888,000 after purchasing an additional 100 shares during the period. Finally, Strategic Blueprint LLC raised its position in shares of Booz Allen Hamilton by 7.6% during the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider’s stock worth $268,000 after purchasing an additional 116 shares during the period. 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.