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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $159.78.

A number of research analysts recently commented on the company. TD Cowen upped their price objective on Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Barclays increased their price target on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a report on Wednesday, May 29th. Wells Fargo & Company raised their price objective on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 28th. Truist Financial upped their target price on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, May 28th. Finally, Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st.

Booz Allen Hamilton Stock Down 0.7 %

Shares of NYSE:BAH opened at $156.23 on Thursday. Booz Allen Hamilton has a 52-week low of $106.90 and a 52-week high of $164.43. The stock has a market cap of $20.20 billion, a P/E ratio of 33.96, a PEG ratio of 1.87 and a beta of 0.57. The business has a fifty day moving average of $151.28 and a two-hundred day moving average of $143.26. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.20.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. Booz Allen Hamilton’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.01 earnings per share. On average, research analysts expect that Booz Allen Hamilton will post 6.04 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 13th will be issued a dividend of $0.51 per share. The ex-dividend date is Thursday, June 13th. This represents a $2.04 dividend on an annualized basis and a yield of 1.31%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 44.35%.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 332 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $51,177.80. Following the completion of the transaction, the chief financial officer now owns 23,438 shares in the company, valued at approximately $3,612,967.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Richard Crowe sold 1,006 shares of Booz Allen Hamilton stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $151.96, for a total transaction of $152,871.76. Following the sale, the executive vice president now owns 29,739 shares in the company, valued at $4,519,138.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 332 shares of Booz Allen Hamilton stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the transaction, the chief financial officer now directly owns 23,438 shares in the company, valued at approximately $3,612,967.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 58,255 shares of company stock worth $8,970,026. 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 BAH. Acadian Asset Management LLC purchased a new position in Booz Allen Hamilton during the 3rd quarter worth $31,000. LPL Financial LLC increased its position in Booz Allen Hamilton by 21.3% during the 3rd quarter. LPL Financial LLC now owns 54,409 shares of the business services provider’s stock worth $5,945,000 after purchasing an additional 9,558 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Booz Allen Hamilton by 0.3% during the third quarter. Stifel Financial Corp now owns 85,166 shares of the business services provider’s stock worth $9,306,000 after buying an additional 280 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at $870,000. Finally, MQS Management LLC acquired a new position in Booz Allen Hamilton in the third quarter valued at $322,000. Hedge funds and other 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.