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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been given an average recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $161.78.

A number of brokerages recently issued reports on BAH. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a report on Monday, January 6th. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price objective for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. 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. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Finally, UBS Group started coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company.

Insider Transactions at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 4,065 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $670,725.00. Following the completion of the sale, the chief financial officer now owns 29,618 shares in the company, valued at $4,886,970. This represents a 12.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 $4,206,840. The trade was a 14.27 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds have recently modified their holdings of BAH. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at $31,000. Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at $45,000. Kennebec Savings Bank purchased a new stake in shares of Booz Allen Hamilton in the third quarter valued at $60,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Booz Allen Hamilton in the second quarter valued at $83,000. Finally, Matrix Trust Co raised its holdings in shares of Booz Allen Hamilton by 734.8% during the fourth quarter. Matrix Trust Co now owns 743 shares of the business services provider’s stock worth $96,000 after acquiring an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $136.22 on Monday. Booz Allen Hamilton has a 12-month low of $125.88 and a 12-month high of $190.59. The firm has a market capitalization of $17.40 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55. The business has a 50 day simple moving average of $140.20 and a 200 day simple moving average of $152.08. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton’s dividend payout ratio is presently 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.