Booz Allen Hamilton (NYSE:BAH) Raised to "Hold" at StockNews.com

Booz Allen Hamilton (NYSE:BAH - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued on Wednesday.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a "neutral" rating to an "underweight" rating and boosted their target price for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. Barclays lifted their target price on Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an "underweight" rating in a research report on Tuesday. TD Cowen cut their price target on Booz Allen Hamilton from $185.00 to $165.00 and set a "buy" rating for the company in a report on Monday, July 29th. Wells Fargo & Company lifted their price objective on Booz Allen Hamilton from $185.00 to $206.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Truist Financial raised their target price on Booz Allen Hamilton from $165.00 to $185.00 and gave the stock a "hold" rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $180.00.

Booz Allen Hamilton Stock Performance

NYSE:BAH traded down $1.04 during mid-day trading on Wednesday, hitting $183.14. 630,010 shares of the company's stock traded hands, compared to its average volume of 691,964. The firm has a market capitalization of $23.66 billion, a price-to-earnings ratio of 39.95, a price-to-earnings-growth ratio of 2.33 and a beta of 0.59. The firm has a 50 day moving average of $160.24 and a two-hundred day moving average of $154.13. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 3.07. Booz Allen Hamilton has a 12 month low of $118.07 and a 12 month high of $189.13.

Insider Buying and Selling

In other Booz Allen Hamilton news, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the transaction, the director now owns 18,123 shares in the company, valued at approximately $2,597,207.13. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Melody C. Barnes sold 1,041 shares of Booz Allen Hamilton stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $143.31, for a total value of $149,185.71. Following the completion of the sale, the director now directly owns 18,123 shares of the company's stock, valued at approximately $2,597,207.13. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Crowe sold 4,243 shares of the company's stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $165.00, for a total transaction 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. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,214 shares of company stock worth $2,138,406 in the last quarter. 1.59% of the stock is owned by corporate insiders.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors and hedge funds have recently modified their holdings of BAH. First Horizon Advisors Inc. raised its holdings in Booz Allen Hamilton by 4.5% in the second quarter. First Horizon Advisors Inc. now owns 1,596 shares of the business services provider's stock worth $246,000 after purchasing an additional 69 shares during the period. X Square Capital LLC increased its holdings in shares of Booz Allen Hamilton by 0.7% in the second quarter. X Square Capital LLC now owns 10,509 shares of the business services provider's stock worth $1,617,000 after acquiring an additional 72 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Booz Allen Hamilton by 13.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider's stock worth $111,000 after purchasing an additional 79 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of Booz Allen Hamilton by 1.9% during the 2nd quarter. CIBC Asset Management Inc now owns 4,448 shares of the business services provider's stock valued at $685,000 after purchasing an additional 82 shares in the last quarter. Finally, Strategic Blueprint LLC grew its position in shares of Booz Allen Hamilton by 7.6% in the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider's stock valued at $268,000 after purchasing an additional 116 shares during the period. 91.82% of the stock is owned by institutional investors.

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.