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

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have earned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $145.11.

A number of equities research analysts have recently weighed in on BAH shares. Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Jefferies Financial Group raised their price objective 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. JPMorgan Chase & Co. raised their price objective on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. Wells Fargo & Company increased their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Finally, The Goldman Sachs Group increased their target price on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the sale, the chief executive officer now owns 557,411 shares in the company, valued at approximately $81,209,208.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Kristine Anderson sold 5,068 shares of the firm’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $139.88, for a total transaction of $708,911.84. Following the completion of the sale, the chief operating officer now owns 71,656 shares of the company’s stock, valued at approximately $10,023,241.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,568 shares of company stock valued at $8,067,487. Insiders own 1.76% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. First Trust Direct Indexing L.P. lifted its stake in shares of Booz Allen Hamilton by 17.1% in the first quarter. First Trust Direct Indexing L.P. now owns 1,961 shares of the business services provider’s stock valued at $291,000 after purchasing an additional 287 shares during the period. Norden Group LLC lifted its stake in shares of Booz Allen Hamilton by 1,815.6% in the first quarter. Norden Group LLC now owns 89,862 shares of the business services provider’s stock valued at $13,337,000 after purchasing an additional 85,171 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Booz Allen Hamilton by 6.8% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 295,447 shares of the business services provider’s stock valued at $43,856,000 after purchasing an additional 18,815 shares during the period. Hedeker Wealth LLC lifted its stake in shares of Booz Allen Hamilton by 0.7% in the first quarter. Hedeker Wealth LLC now owns 33,975 shares of the business services provider’s stock valued at $5,043,000 after purchasing an additional 220 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Booz Allen Hamilton by 1.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 110,191 shares of the business services provider’s stock valued at $16,357,000 after purchasing an additional 1,507 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $142.14 on Friday. Booz Allen Hamilton has a 52-week low of $89.80 and a 52-week high of $150.59. The company’s 50 day moving average is $146.03 and its two-hundred day moving average is $134.02. The firm has a market cap of $18.44 billion, a PE ratio of 45.85, a price-to-earnings-growth ratio of 1.91 and a beta of 0.53. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same period last year, the business earned $1.07 EPS. The company’s revenue was up 12.9% on a year-over-year basis. On average, research analysts expect that Booz Allen Hamilton will post 5.39 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 12th were given a dividend of $0.51 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 annualized dividend and a yield of 1.44%. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 65.81%.

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.