Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $161.78 Consensus Price Target from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $161.78.

Several equities analysts recently issued reports on the company. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price target for the company from $180.00 to $190.00 in a report on Monday, November 4th. TD Cowen cut their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Finally, The Goldman Sachs Group reduced their target price 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.

Insider Buying and Selling at Booz Allen Hamilton

In related news, 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 value of $670,725.00. Following the completion of the transaction, the chief financial officer now directly owns 29,618 shares of the company’s stock, valued at $4,886,970. This trade represents a 12.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 sale, the executive vice president now owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Booz Allen Hamilton by 2.5% in the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after purchasing an additional 58,038 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Booz Allen Hamilton by 28.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after acquiring an additional 285,621 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Booz Allen Hamilton by 10.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,021,239 shares of the business services provider’s stock valued at $157,184,000 after purchasing an additional 93,544 shares during the period. Eagle Asset Management Inc. increased its position in shares of Booz Allen Hamilton by 3.6% during the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after acquiring an additional 32,897 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Booz Allen Hamilton by 0.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 947,231 shares of the business services provider’s stock valued at $145,779,000 after purchasing an additional 2,767 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Up 0.1 %

BAH opened at $136.34 on Monday. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. Booz Allen Hamilton has a 12-month low of $125.88 and a 12-month high of $190.59. The firm’s fifty day moving average price is $141.93 and its 200 day moving average price is $152.29. The stock has a market capitalization of $17.42 billion, a PE ratio of 21.40, a P/E/G ratio of 1.62 and a beta of 0.55.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th were issued a dividend of $0.51 per share. The ex-dividend date was Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.50%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 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.