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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned an average recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $173.25.

BAH has been the subject of several recent analyst reports. Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. StockNews.com downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Barclays lifted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research report on Tuesday.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the firm’s stock in a transaction dated 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 owns 29,618 shares in the company, valued at $4,886,970. This trade represents a 12.07 % decrease in their position. 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 the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value 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 represents a 14.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,173 shares of company stock worth $1,989,220. Corporate insiders own 1.59% of the company’s stock.

Hedge Funds Weigh In On Booz Allen Hamilton

Several hedge funds have recently bought and sold shares of BAH. Opal Wealth Advisors LLC bought a new position in Booz Allen Hamilton in the 2nd quarter valued at $26,000. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the third quarter worth $31,000. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton during the second quarter valued at $29,000. Innealta Capital LLC purchased a new position in Booz Allen Hamilton during the second quarter worth about $34,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Booz Allen Hamilton in the 3rd quarter worth about $45,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.9 %

Shares of BAH stock opened at $147.35 on Friday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $18.83 billion, a price-to-earnings ratio of 23.13, a PEG ratio of 1.77 and a beta of 0.58. Booz Allen Hamilton has a 52-week low of $123.17 and a 52-week high of $190.59. The company has a 50-day simple moving average of $164.23 and a two-hundred day simple moving average of $156.73.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, November 15th. Booz Allen Hamilton’s payout ratio is currently 32.03%.

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.