Booz Allen Hamilton (NYSE:BAH) Sets New 52-Week High – Should You Buy?

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $190.07 and last traded at $187.37, with a volume of 12535 shares trading hands. The stock had previously closed at $185.28.

Analysts Set New Price Targets

Several equities analysts have weighed in on BAH shares. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their price target for the stock from $180.00 to $190.00 in a research report on Monday. JPMorgan Chase & Co. downgraded shares of 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 note on Wednesday, October 2nd. The Goldman Sachs Group upped their target price on shares of Booz Allen Hamilton from $174.00 to $196.00 and gave the company a “buy” rating in a report on Thursday, October 10th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Barclays upped their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the company an “underweight” rating in a research note on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $180.63.

Booz Allen Hamilton Price Performance

The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. The company’s 50-day moving average is $163.93 and its 200-day moving average is $155.90. The firm has a market capitalization of $23.44 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 2.51 and a beta of 0.58.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a dividend yield of 1.11%. Booz Allen Hamilton’s dividend payout ratio is presently 32.03%.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, EVP Richard Crowe sold 4,243 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the completion of the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Matthew Calderone sold 4,065 shares of Booz Allen Hamilton stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction of $670,725.00. Following the transaction, the chief financial officer now owns 29,618 shares in the company, valued at approximately $4,886,970. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Richard Crowe sold 4,243 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now owns 25,496 shares of the company’s stock, valued at approximately $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock worth $1,989,220 in the last ninety days. Insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Opal Wealth Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 2nd quarter valued at about $26,000. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the second quarter worth $29,000. Peterson Financial Group Inc. purchased a new position in shares of Booz Allen Hamilton in the third quarter valued at $31,000. Innealta Capital LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter valued at $34,000. Finally, Crewe Advisors LLC purchased a new stake in Booz Allen Hamilton during the 1st quarter worth $35,000. 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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.