Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $159.33.

Several analysts have weighed in on BAH shares. Wells Fargo & Company raised Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and lowered their target price for the company from $168.00 to $165.00 in a report on Monday, July 29th. Truist Financial increased their price objective on shares of Booz Allen Hamilton from $140.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, September 5th. Stifel Nicolaus lifted their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Barclays lowered their price target on shares of Booz Allen Hamilton from $153.00 to $142.00 and set an “underweight” rating on the stock in a research report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. lifted their price objective on Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th.

Insider Buying and Selling at Booz Allen Hamilton

In other news, Director Melody C. Barnes sold 1,041 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the sale, the director now owns 18,123 shares in the company, valued at $2,597,207.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.59% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BAH. Norges Bank acquired a new position in Booz Allen Hamilton during the fourth quarter worth approximately $188,129,000. AGF Management Ltd. grew its stake in shares of Booz Allen Hamilton by 63.4% during the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider’s stock valued at $269,419,000 after buying an additional 679,280 shares during the period. Captrust Financial Advisors increased its holdings in shares of Booz Allen Hamilton by 29.4% during the 1st quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider’s stock worth $159,741,000 after buying an additional 244,391 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Booz Allen Hamilton by 2.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after buying an additional 222,884 shares during the period. Finally, Acadian Asset Management LLC boosted its holdings in Booz Allen Hamilton by 184.0% in the second quarter. Acadian Asset Management LLC now owns 335,463 shares of the business services provider’s stock valued at $51,613,000 after acquiring an additional 217,349 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Up 0.9 %

Shares of NYSE BAH opened at $158.39 on Tuesday. The stock has a market capitalization of $20.48 billion, a price-to-earnings ratio of 34.43, a price-to-earnings-growth ratio of 2.19 and a beta of 0.59. Booz Allen Hamilton has a 52 week low of $106.90 and a 52 week high of $164.43. The firm has a 50-day moving average price of $152.02 and a 200 day moving average price of $150.43. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 3.07.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 26th. The business services provider reported $1.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.14). The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.92 billion. Booz Allen Hamilton had a net margin of 5.57% and a return on equity of 65.80%. Equities research analysts anticipate that Booz Allen Hamilton will post 5.96 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.29%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.