Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $167.44 Consensus Price Target from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have earned an average recommendation of “Hold” from the nine research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $167.44.

A number of equities analysts have recently weighed in on BAH shares. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. The Goldman Sachs Group reduced their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Finally, JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price objective for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $131.19 on Thursday. The business’s 50-day moving average is $157.17 and its 200-day moving average is $155.14. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $16.76 billion, a price-to-earnings ratio of 20.60, a P/E/G ratio of 1.62 and a beta of 0.52. Booz Allen Hamilton has a fifty-two week low of $123.17 and a fifty-two week high of $190.59.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.55%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 32.03%.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 3,865 shares of the company’s 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 directly owns 33,683 shares in the company, valued at $5,389,280. This represents a 10.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 in the company, valued at $4,206,840. The trade was a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,173 shares of company stock valued at $1,989,220 over the last 90 days. 1.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Innealta Capital LLC acquired a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at $34,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth about $45,000. MCF Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 56.2% during the second quarter. MCF Advisors LLC now owns 353 shares of the business services provider’s stock worth $54,000 after buying an additional 127 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter worth approximately $60,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

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.