Booz Allen Hamilton (NYSE:BAH) Price Target Raised to $185.00

Booz Allen Hamilton (NYSE:BAH) had its target price boosted by Truist Financial from $165.00 to $185.00 in a report released on Monday morning, Benzinga reports. Truist Financial currently has a hold rating on the business services provider’s stock.

Other equities analysts have also issued reports about the company. TD Cowen reduced their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, July 29th. StockNews.com cut shares of Booz Allen Hamilton from a “hold” rating to a “sell” rating in a research report on Tuesday, October 22nd. Barclays lowered their price objective on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating for the company in a report on Tuesday, July 30th. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their target price for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Finally, The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $180.00.

Booz Allen Hamilton Stock Down 1.0 %

BAH opened at $181.73 on Monday. The business’s fifty day simple moving average is $160.83 and its 200 day simple moving average is $154.33. Booz Allen Hamilton has a 52 week low of $118.07 and a 52 week high of $189.13. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07. The stock has a market cap of $23.48 billion, a PE ratio of 39.47, a P/E/G ratio of 2.33 and a beta of 0.59.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.12%. Booz Allen Hamilton’s payout ratio is currently 44.35%.

Insider Buying and Selling

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the company’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 transaction of $670,725.00. Following the completion of the transaction, the chief financial officer now owns 29,618 shares of the company’s stock, valued at $4,886,970. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock valued at $1,989,220 over the last ninety days. 1.59% of the stock is owned by insiders.

Institutional Trading of Booz Allen Hamilton

Large investors have recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in shares of Booz Allen Hamilton during the second quarter valued at approximately $26,000. OFI Invest Asset Management purchased a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth about $29,000. Innealta Capital LLC purchased a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth about $34,000. Crewe Advisors LLC bought a new position in shares of Booz Allen Hamilton in the 1st quarter worth about $35,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in Booz Allen Hamilton during the 3rd quarter valued at about $45,000. 91.82% of the stock is owned by institutional investors.

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.