Booz Allen Hamilton (NYSE:BAH) Rating Lowered to "Hold" at Jefferies Financial Group

Booz Allen Hamilton (NYSE:BAH - Get Free Report) was downgraded by equities research analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research note issued to investors on Monday, MarketBeat.com reports. They presently have a $190.00 price objective on the business services provider's stock, up from their previous price objective of $180.00. Jefferies Financial Group's price objective would indicate a potential upside of 4.04% from the stock's previous close.

Other analysts have also recently issued reports about the company. Truist Financial boosted their price objective on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a "hold" rating in a report on Monday, October 28th. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and boosted their price target for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Barclays raised 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. The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $174.00 to $196.00 and gave the company a "buy" rating in a research note on Thursday, October 10th. Finally, StockNews.com raised Booz Allen Hamilton from a "sell" rating to a "hold" rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $180.63.

Booz Allen Hamilton Trading Up 0.7 %

BAH traded up $1.34 during mid-day trading on Monday, reaching $182.62. The stock had a trading volume of 778,610 shares, compared to its average volume of 696,105. The stock has a market capitalization of $23.33 billion, a P/E ratio of 28.46, a P/E/G ratio of 2.49 and a beta of 0.58. Booz Allen Hamilton has a 52 week low of $122.59 and a 52 week high of $189.13. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.55 and a current ratio of 1.56. The firm's fifty day simple moving average is $161.91 and its two-hundred day simple moving average is $154.99.

Insider Transactions at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 4,243 shares of the company's stock in a transaction that occurred 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 transaction, the executive vice president now owns 25,496 shares in the company, valued at $4,206,840. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 4,065 shares of the business's stock in a transaction that occurred 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 sale, 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 is accessible through this link. Also, EVP Richard Crowe sold 4,243 shares of the firm's stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total transaction of $700,095.00. Following the transaction, the executive vice president now directly owns 25,496 shares of the company's stock, valued at $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 have sold a total of 12,173 shares of company stock valued at $1,989,220 over the last 90 days. 1.59% of the stock is owned by company insiders.

Institutional Trading of Booz Allen Hamilton

Institutional investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD grew its stake in Booz Allen Hamilton by 2.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider's stock valued at $1,544,798,000 after purchasing an additional 222,884 shares in the last quarter. AGF Management Ltd. boosted its holdings in shares of Booz Allen Hamilton by 63.4% in the 2nd quarter. AGF Management Ltd. now owns 1,750,610 shares of the business services provider's stock valued at $269,419,000 after buying an additional 679,280 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Booz Allen Hamilton by 6.1% in the second quarter. American Century Companies Inc. now owns 1,672,961 shares of the business services provider's stock valued at $257,469,000 after buying an additional 96,553 shares in the last quarter. Bessemer Group Inc. increased its holdings in Booz Allen Hamilton by 1.9% during the first quarter. Bessemer Group Inc. now owns 1,178,784 shares of the business services provider's stock worth $174,978,000 after buying an additional 22,545 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in Booz Allen Hamilton by 29.4% during the first quarter. Captrust Financial Advisors now owns 1,076,130 shares of the business services provider's stock worth $159,741,000 after acquiring an additional 244,391 shares in the last quarter. 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.