Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Average Rating of “Hold” from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned an average rating of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $173.25.

A number of equities research analysts have recently weighed in on the stock. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Barclays increased their price target on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. The Goldman Sachs Group boosted their price objective on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the company from $180.00 to $190.00 in a report on Monday, November 4th. Finally, JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their price target for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. The trade was a 14.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,173 shares of company stock valued at $1,989,220. 1.59% of the stock is currently owned by company insiders.

Institutional Trading of Booz Allen Hamilton

Several large investors have recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in shares of Booz Allen Hamilton in the 2nd quarter worth $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton during the second quarter worth $29,000. Peterson Financial Group Inc. bought a new position in shares of Booz Allen Hamilton in the third quarter valued at $31,000. Innealta Capital LLC acquired a new position in shares of Booz Allen Hamilton during the second quarter valued at about $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton during the third quarter worth about $45,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $147.35 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The stock has a market cap of $18.83 billion, a P/E ratio of 23.13, a PEG ratio of 1.77 and a beta of 0.58. The stock has a 50 day simple moving average of $164.23 and a 200 day simple moving average of $156.73. Booz Allen Hamilton has a 1-year low of $123.17 and a 1-year high of $190.59.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s payout ratio is 32.03%.

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.