Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Consensus Recommendation of “Hold” by Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned a consensus rating of “Hold” from the nine brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $161.78.

Several equities research analysts have recently commented on BAH shares. StockNews.com cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Jefferies Financial Group cut Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Finally, Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research report on Monday, January 6th.

Insiders Place Their Bets

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $4,206,840. This represents a 14.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Matthew Calderone sold 4,065 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction 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 disclosure for this sale can be found here. Insiders own 1.59% of the company’s stock.

Institutional Investors Weigh In On Booz Allen Hamilton

Several large investors have recently modified their holdings of BAH. Cumberland Partners Ltd raised its holdings in shares of Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider’s stock valued at $8,411,000 after buying an additional 14,620 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of Booz Allen Hamilton by 29.6% in the third quarter. Toronto Dominion Bank now owns 16,909 shares of the business services provider’s stock worth $2,752,000 after purchasing an additional 3,863 shares during the last quarter. Eagle Asset Management Inc. increased its holdings in Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock valued at $155,810,000 after purchasing an additional 32,897 shares during the period. Stifel Financial Corp lifted its holdings in Booz Allen Hamilton by 23.5% in the 3rd quarter. Stifel Financial Corp now owns 119,072 shares of the business services provider’s stock worth $19,381,000 after buying an additional 22,690 shares during the period. Finally, Zacks Investment Management bought a new stake in Booz Allen Hamilton in the third quarter valued at $15,152,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Up 2.1 %

BAH opened at $132.76 on Monday. Booz Allen Hamilton has a 1-year low of $125.58 and a 1-year high of $190.59. The firm has a 50-day moving average price of $144.74 and a two-hundred day moving average price of $152.71. The stock has a market capitalization of $16.96 billion, a PE ratio of 20.84, a PEG ratio of 1.62 and a beta of 0.55. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Friday, November 15th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is currently 32.03%.

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