Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $180.00 Average Price Target from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five 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 $180.00.

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Barclays lifted their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group increased their price objective 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. TD Cowen decreased their target price on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, July 29th. Finally, Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $185.00 to $206.00 and gave the company an “overweight” rating in a report on Monday, October 28th.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the 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 transaction, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the sale, the chief financial officer now owns 33,683 shares in the company, valued at approximately $5,389,280. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 in the last 90 days. Corporate insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BAH. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Booz Allen Hamilton by 25.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,895 shares of the business services provider’s stock worth $4,438,000 after acquiring an additional 6,065 shares during the last quarter. Diversified Trust Co purchased a new stake in shares of Booz Allen Hamilton during the first quarter worth $425,000. Allspring Global Investments Holdings LLC raised its position in shares of Booz Allen Hamilton by 1.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider’s stock valued at $16,357,000 after buying an additional 1,507 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Booz Allen Hamilton by 6.8% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock worth $43,856,000 after buying an additional 18,815 shares in the last quarter. Finally, Norden Group LLC boosted its position in Booz Allen Hamilton by 1,815.6% during the first quarter. Norden Group LLC now owns 89,862 shares of the business services provider’s stock worth $13,337,000 after acquiring an additional 85,171 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $181.28 on Wednesday. The stock’s fifty day moving average price is $161.91 and its 200 day moving average price is $154.88. Booz Allen Hamilton has a 1 year low of $122.59 and a 1 year high of $189.13. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.55. The company has a market cap of $23.16 billion, a price-to-earnings ratio of 28.46, a PEG ratio of 2.49 and a beta of 0.58.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s payout ratio is currently 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.