Booz Allen Hamilton (NYSE:BAH) Coverage Initiated by Analysts at UBS Group

UBS Group started coverage on shares of Booz Allen Hamilton (NYSE:BAH) in a research report sent to investors on Monday, MarketBeat.com reports. The brokerage issued a neutral rating and a $159.00 price objective on the business services provider’s stock.

A number of other research analysts also recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Wells Fargo & Company cut 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, November 26th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their target price for the company from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Finally, Truist Financial decreased their price objective 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. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $171.67.

Booz Allen Hamilton Stock Up 0.4 %

NYSE BAH opened at $148.72 on Monday. The company has a market cap of $19.00 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 1.78 and a beta of 0.58. Booz Allen Hamilton has a 1-year low of $123.17 and a 1-year high of $190.59. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a 50 day moving average of $163.64 and a 200-day moving average of $156.71.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Friday, November 15th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 32.03%.

Insider Buying and Selling at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the company’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 $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This represents a 14.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of Booz Allen Hamilton stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,173 shares of company stock valued at $1,989,220 in the last 90 days. 1.59% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its position in Booz Allen Hamilton by 142.5% during the first quarter. Cetera Investment Advisers now owns 28,615 shares of the business services provider’s stock valued at $4,248,000 after buying an additional 16,815 shares during the period. Cetera Advisors LLC bought a new position in Booz Allen Hamilton during the 1st quarter worth approximately $1,376,000. Mather Group LLC. increased its stake in Booz Allen Hamilton by 13.1% in the 2nd quarter. Mather Group LLC. now owns 5,210 shares of the business services provider’s stock worth $773,000 after purchasing an additional 602 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Booz Allen Hamilton by 110.8% during the second quarter. Harbor Capital Advisors Inc. now owns 9,119 shares of the business services provider’s stock valued at $1,403,000 after purchasing an additional 4,793 shares during the period. Finally, CWM LLC grew its holdings in shares of Booz Allen Hamilton by 7.4% in the second quarter. CWM LLC now owns 3,732 shares of the business services provider’s stock worth $574,000 after purchasing an additional 258 shares during the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

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.