Booz Allen Hamilton (NYSE:BAH) Shares Gap Up - Should You Buy?

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $142.70, but opened at $147.66. Booz Allen Hamilton shares last traded at $144.60, with a volume of 165,137 shares.

Analysts Set New Price Targets

BAH has been the topic of several research analyst reports. UBS Group began coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a "neutral" rating and a $159.00 target price on the stock. Truist Financial decreased their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a "hold" rating on the stock in a research note on Friday, November 22nd. Jefferies Financial Group downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating and raised their price objective for the company from $180.00 to $190.00 in a research note on Monday, November 4th. The Goldman Sachs Group boosted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the stock a "buy" rating in a research report on Thursday, October 10th. Finally, StockNews.com downgraded Booz Allen Hamilton from a "buy" rating to a "hold" rating in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Booz Allen Hamilton presently has an average rating of "Hold" and a consensus price target of $171.67.

Booz Allen Hamilton Trading Up 2.1 %

The business's 50-day moving average price is $162.39 and its two-hundred day moving average price is $156.44. The firm has a market cap of $18.62 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 1.73 and a beta of 0.52. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Friday, November 15th were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend was Friday, November 15th. Booz Allen Hamilton's dividend payout ratio (DPR) is 32.03%.

Insider Activity

In related news, EVP Richard Crowe sold 4,243 shares of Booz Allen Hamilton 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 owns 25,496 shares in the company, valued at approximately $4,206,840. This trade represents a 14.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Matthew Calderone sold 3,865 shares of the business's stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the sale, the chief financial officer now directly owns 33,683 shares of the company's stock, valued at approximately $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,173 shares of company stock valued at $1,989,220 over the last quarter. Company insiders own 1.59% of the company's stock.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors have recently modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in Booz Allen Hamilton in the second quarter valued at about $26,000. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. OFI Invest Asset Management purchased a new position in Booz Allen Hamilton in the 2nd quarter worth approximately $29,000. Innealta Capital LLC acquired a new stake in Booz Allen Hamilton in the second quarter valued at approximately $34,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton during the third quarter valued at approximately $45,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

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.