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

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $176.88.

A number of research firms have issued reports on BAH. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. TD Cowen lowered their price target on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 29th. Wells Fargo & Company raised their price objective 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. Finally, Truist Financial lowered their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research note on Friday.

Insider Activity at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of the company’s 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 sale, the executive vice president now directly owns 25,496 shares of the company’s stock, valued at $4,206,840. This represents a 14.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer now directly owns 29,618 shares in the company, valued at $4,886,970. The trade was a 12.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock valued at $1,989,220 in the last ninety days. Insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. UniSuper Management Pty Ltd increased its stake in Booz Allen Hamilton by 111.1% in the 1st quarter. UniSuper Management Pty Ltd now owns 1,900 shares of the business services provider’s stock valued at $282,000 after buying an additional 1,000 shares during the period. Caxton Associates LP purchased a new position in Booz Allen Hamilton during the first quarter worth about $692,000. Captrust Financial Advisors raised its holdings in Booz Allen Hamilton by 29.4% during the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock worth $159,741,000 after purchasing an additional 244,391 shares in the last quarter. Janus Henderson Group PLC lifted its position in Booz Allen Hamilton by 26.4% in the first quarter. Janus Henderson Group PLC now owns 441,587 shares of the business services provider’s stock valued at $65,550,000 after purchasing an additional 92,122 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in Booz Allen Hamilton by 52.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 4,336 shares of the business services provider’s stock valued at $644,000 after purchasing an additional 1,495 shares in the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 0.4 %

Shares of NYSE BAH opened at $149.22 on Friday. Booz Allen Hamilton has a 12-month low of $123.17 and a 12-month high of $190.59. The stock has a market cap of $19.07 billion, a P/E ratio of 23.43, a PEG ratio of 1.80 and a beta of 0.58. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The business’s fifty day simple moving average is $164.73 and its 200-day simple moving average is $156.82.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s payout ratio is 32.03%.

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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.