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

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $167.44.

A number of research firms recently weighed in on BAH. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. The Goldman Sachs Group cut their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Barclays boosted their target price on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Finally, Wells Fargo & Company cut their target price on shares of Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th.

Insider Activity at Booz Allen Hamilton

In related news, 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 transaction of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares in the company, valued at approximately $4,206,840. This represents a 14.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the firm’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $160.00, for a total transaction of $618,400.00. Following the completion of the sale, the chief financial officer now directly owns 33,683 shares of the company’s stock, valued at approximately $5,389,280. The trade was a 10.29 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,173 shares of company stock valued at $1,989,220. Insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

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

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $133.37 on Thursday. The company has a market capitalization of $17.04 billion, a P/E ratio of 20.94, a P/E/G ratio of 1.62 and a beta of 0.52. Booz Allen Hamilton has a 1-year low of $123.17 and a 1-year high of $190.59. The firm’s 50 day simple moving average is $158.93 and its two-hundred day simple moving average is $155.59. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is 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.