Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $159.78 Average Target Price from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $159.78.

Several equities research analysts recently issued reports on BAH shares. Barclays increased their price objective on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 29th. Truist Financial increased their price objective on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, May 28th. Wells Fargo & Company increased their price objective on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 28th. Jefferies Financial Group increased their price objective on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Finally, Stifel Nicolaus increased their price objective on Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, May 21st.

Insider Activity

In other news, CEO Horacio Rozanski sold 34,571 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the transaction, the chief executive officer now owns 579,025 shares of the company’s stock, valued at approximately $89,256,703.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Horacio Rozanski sold 34,571 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the transaction, the chief executive officer now owns 579,025 shares of the company’s stock, valued at approximately $89,256,703.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Richard Crowe sold 1,006 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $151.96, for a total value of $152,871.76. Following the completion of the sale, the executive vice president now directly owns 29,739 shares in the company, valued at approximately $4,519,138.44. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,255 shares of company stock valued at $8,970,026. Insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BAH. Acadian Asset Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. LPL Financial LLC raised its position in Booz Allen Hamilton by 21.3% in the 3rd quarter. LPL Financial LLC now owns 54,409 shares of the business services provider’s stock valued at $5,945,000 after purchasing an additional 9,558 shares during the last quarter. Stifel Financial Corp raised its position in Booz Allen Hamilton by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 85,166 shares of the business services provider’s stock valued at $9,306,000 after purchasing an additional 280 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Booz Allen Hamilton in the 3rd quarter valued at $870,000. Finally, MQS Management LLC bought a new position in Booz Allen Hamilton in the 3rd quarter valued at $322,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 1.5 %

Shares of NYSE BAH opened at $153.90 on Thursday. Booz Allen Hamilton has a 12 month low of $106.90 and a 12 month high of $164.43. The company has a market cap of $19.90 billion, a price-to-earnings ratio of 33.46, a P/E/G ratio of 1.85 and a beta of 0.57. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.20. The business has a fifty day simple moving average of $151.85 and a 200-day simple moving average of $143.65.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.23 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. Booz Allen Hamilton’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.01 earnings per share. Sell-side analysts predict that Booz Allen Hamilton will post 6.04 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 13th were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio is 44.35%.

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