Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $180.00 Consensus PT from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report) has earned an average rating of "Hold" from the eight brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $180.00.

A number of research firms have weighed in on BAH. StockNews.com raised Booz Allen Hamilton from a "sell" rating to a "hold" rating in a research report on Wednesday. Truist Financial increased their target price on shares of Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a "hold" rating in a report on Monday. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and lifted their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. TD Cowen reduced their price objective on shares of Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating for the company in a research note on Monday, July 29th. Finally, The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a research report on Thursday, October 10th.

Booz Allen Hamilton Stock Down 0.4 %

Shares of Booz Allen Hamilton stock traded down $0.69 during trading on Wednesday, reaching $183.49. The stock had a trading volume of 896,735 shares, compared to its average volume of 693,700. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. The company has a market capitalization of $23.71 billion, a price-to-earnings ratio of 39.95, a P/E/G ratio of 2.33 and a beta of 0.59. Booz Allen Hamilton has a 52 week low of $118.07 and a 52 week high of $189.13. The stock has a fifty day moving average price of $160.24 and a two-hundred day moving average price of $154.13.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a $0.51 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.04 annualized dividend and a yield of 1.11%. Booz Allen Hamilton's dividend payout ratio is currently 44.35%.

Insider Transactions at Booz Allen Hamilton

In other news, Director Melody C. Barnes sold 1,041 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the transaction, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.13. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Melody C. Barnes sold 1,041 shares of the firm's stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total transaction of $149,185.71. Following the transaction, the director now directly owns 18,123 shares in the company, valued at $2,597,207.13. 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 13,214 shares of company stock worth $2,138,406 over the last quarter. Company insiders own 1.59% of the company's stock.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of large investors have recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC acquired a new stake in Booz Allen Hamilton during the second quarter worth about $26,000. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth approximately $29,000. Innealta Capital LLC bought a new position in Booz Allen Hamilton in the second quarter valued at approximately $34,000. Crewe Advisors LLC acquired a new position in Booz Allen Hamilton during the first quarter valued at approximately $35,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in Booz Allen Hamilton during the third quarter worth $45,000. 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.