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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has received a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, 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 twelve-month price objective among brokers that have issued a report on the stock in the last year is $180.63.

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price objective on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. TD Cowen cut their price objective on Booz Allen Hamilton from $185.00 to $165.00 and set a “buy” rating on the stock in a report on Monday, July 29th. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price objective for the company from $180.00 to $190.00 in a report on Monday. JPMorgan Chase & Co. cut Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their target price for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Finally, Barclays boosted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research note on Tuesday, October 29th.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the business’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 $700,095.00. Following the transaction, the executive vice president now owns 25,496 shares of the company’s stock, valued at $4,206,840. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Matthew Calderone sold 3,865 shares of the business’s 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 directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 4,243 shares of the business’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 value of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. The trade was a 0.00 % 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 90 days. 1.59% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BAH. Opal Wealth Advisors LLC acquired a new position in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $26,000. OFI Invest Asset Management acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at $29,000. Innealta Capital LLC acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at $34,000. Crewe Advisors LLC acquired a new position in Booz Allen Hamilton in the 1st quarter valued at $35,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in Booz Allen Hamilton in the 3rd quarter valued at $45,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Trading Up 1.4 %

NYSE:BAH opened at $185.26 on Wednesday. Booz Allen Hamilton has a fifty-two week low of $122.59 and a fifty-two week 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 1.56. The stock has a market capitalization of $23.67 billion, a PE ratio of 29.08, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. The business’s 50-day simple moving average is $163.08 and its 200-day simple moving average is $155.59.

Booz Allen Hamilton Announces Dividend

The business 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. This represents a $2.04 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) 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.