Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Average Recommendation of “Moderate Buy” from Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $145.11.

BAH has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Truist Financial boosted their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. Jefferies Financial Group boosted their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Finally, Wells Fargo & Company upped their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th.

Booz Allen Hamilton Trading Down 1.3 %

NYSE:BAH opened at $140.26 on Friday. Booz Allen Hamilton has a 12 month low of $89.80 and a 12 month high of $150.59. The firm has a fifty day simple moving average of $146.23 and a 200-day simple moving average of $133.78. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $18.20 billion, a P/E ratio of 45.25, a PEG ratio of 1.94 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter last year, the company posted $1.07 earnings per share. The firm’s revenue was up 12.9% compared to the same quarter last year. On average, equities research analysts anticipate that Booz Allen Hamilton will post 5.4 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Friday, February 9th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.47. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

Insider Activity at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of Booz Allen Hamilton stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the transaction, the chief operating officer now owns 71,656 shares in the company, valued at $10,023,241.28. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Insiders sold 55,568 shares of company stock worth $8,067,487 over the last 90 days. Company insiders own 1.76% of the company’s stock.

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janiczek Wealth Management LLC acquired a new position in Booz Allen Hamilton during the third quarter worth about $25,000. VisionPoint Advisory Group LLC grew its holdings in shares of 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 buying an additional 118 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. Banque Cantonale Vaudoise grew its holdings in shares of Booz Allen Hamilton by 112.4% during the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after buying an additional 109 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in shares of Booz Allen Hamilton during the third quarter worth about $34,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

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.