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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $159.78.

Several research analysts recently weighed in on the company. Stifel Nicolaus lifted their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. Barclays boosted their target price on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the company an “underweight” rating in a research note on Wednesday, May 29th. TD Cowen raised their price target on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Wells Fargo & Company upped their price objective on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 28th. Finally, Jefferies Financial Group raised their target price on Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th.

Insider Buying and Selling

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the sale, 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 filing with the SEC, which is available at the SEC website. In related news, EVP Richard Crowe sold 180 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $27,747.00. Following the completion of the sale, the executive vice president now owns 17,486 shares of the company’s stock, valued at $2,695,466.90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Horacio Rozanski sold 34,571 shares of Booz Allen Hamilton stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $5,329,119.65. Following the transaction, the chief executive officer now owns 579,025 shares in the company, valued at approximately $89,256,703.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 58,255 shares of company stock worth $8,970,026. 1.59% of the stock is owned by corporate insiders.

Institutional Trading of Booz Allen Hamilton

Hedge funds and other institutional investors have recently modified their holdings of the stock. VisionPoint Advisory Group LLC increased its position in Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter valued at approximately $31,000. Banque Cantonale Vaudoise lifted its holdings in Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 109 shares during the last quarter. Smithfield Trust Co grew its position in Booz Allen Hamilton by 87.7% in the fourth quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the period. Finally, MCF Advisors LLC increased its stake in Booz Allen Hamilton by 103.6% during the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after acquiring an additional 115 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $154.51 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.20. Booz Allen Hamilton has a twelve month low of $106.90 and a twelve month high of $164.43. The company’s 50 day moving average is $152.35 and its 200 day moving average is $144.20. The company has a market cap of $19.98 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 1.83 and a beta of 0.57.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly 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 company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The firm’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.01 earnings per share. On average, sell-side analysts forecast that Booz Allen Hamilton will post 6.04 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.32%. Booz Allen Hamilton’s payout ratio is currently 44.35%.

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