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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has received an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $161.78.

BAH has been the subject of several research analyst reports. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price objective for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the stock from $180.00 to $190.00 in a research note on Monday, November 4th.

Insiders Place Their Bets

In related news, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the completion of the sale, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. This represents a 12.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the company’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 $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 $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. 1.59% of the stock is owned by company insiders.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently added to or reduced their stakes in BAH. Tilia Fiduciary Partners Inc. lifted its holdings in shares of Booz Allen Hamilton by 3.4% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 21,017 shares of the business services provider’s stock valued at $2,705,000 after purchasing an additional 690 shares in the last quarter. First Hawaiian Bank lifted its stake in shares of Booz Allen Hamilton by 30.1% during the 4th quarter. First Hawaiian Bank now owns 29,336 shares of the business services provider’s stock worth $3,776,000 after purchasing an additional 6,783 shares during the period. Fulton Bank N.A. grew its holdings in Booz Allen Hamilton by 18.3% in the 4th quarter. Fulton Bank N.A. now owns 6,817 shares of the business services provider’s stock valued at $877,000 after buying an additional 1,056 shares during the period. Diversified Trust Co increased its stake in shares of Booz Allen Hamilton by 48.3% during the 4th quarter. Diversified Trust Co now owns 7,884 shares of the business services provider’s stock valued at $1,015,000 after acquiring an additional 2,566 shares during the last quarter. Finally, Insight Wealth Strategies LLC purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $3,462,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 2.1 %

NYSE:BAH opened at $132.76 on Monday. The company has a market cap of $16.96 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.62 and a beta of 0.55. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton has a 12 month low of $125.58 and a 12 month high of $190.59. The company has a 50 day simple moving average of $144.74 and a two-hundred day simple moving average of $152.71.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is presently 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.