Booz Allen Hamilton Holding Corporation (NYSE:BAH) has received an average recommendation of “Buy” from the twelve analysts that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $38.50.

A number of equities analysts have weighed in on the company. Bank of America Corporation cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a report on Friday, June 16th. Vertical Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $42.00 to $36.00 in a report on Friday, June 16th. Drexel Hamilton cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $39.67 to $27.47 in a report on Friday, June 16th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Finally, Wells Fargo & Company restated an “outperform” rating and issued a $40.00 price target (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th.

In other Booz Allen Hamilton Holding Corporation news, insider Karen M. Dahut sold 36,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $34.02, for a total value of $1,224,720.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Peter J. Clare bought 10,000 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was acquired at an average cost of $32.30 per share, for a total transaction of $323,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 150,407 shares of company stock worth $5,434,430. 3.04% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in shares of Booz Allen Hamilton Holding Corporation in the 1st quarter valued at approximately $102,000. Nomura Asset Management Co. Ltd. raised its position in shares of Booz Allen Hamilton Holding Corporation by 7.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after acquiring an additional 250 shares in the last quarter. Advisor Group Inc. raised its position in shares of Booz Allen Hamilton Holding Corporation by 13.1% during the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 405 shares in the last quarter. Public Employees Retirement Association of Colorado raised its position in shares of Booz Allen Hamilton Holding Corporation by 27.8% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 1,001 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Booz Allen Hamilton Holding Corporation by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 347 shares in the last quarter. 93.62% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION NOTICE: “Booz Allen Hamilton Holding Corporation (BAH) Receives Consensus Rating of “Buy” from Brokerages” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/10/11/booz-allen-hamilton-holding-corporation-bah-receives-consensus-rating-of-buy-from-brokerages.html.

Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) traded down 0.77% during mid-day trading on Wednesday, reaching $37.50. 922,908 shares of the company traded hands. Booz Allen Hamilton Holding Corporation has a 52-week low of $29.63 and a 52-week high of $39.67. The company has a market capitalization of $5.58 billion, a P/E ratio of 21.51 and a beta of 1.30. The firm’s 50 day moving average price is $35.89 and its 200-day moving average price is $35.33.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. The firm had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. Booz Allen Hamilton Holding Corporation’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 EPS. Equities analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

Booz Allen Hamilton Holding Corporation Company Profile

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Analyst Recommendations for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Receive News & Ratings for Booz Allen Hamilton Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton Holding Corporation and related companies with MarketBeat.com's FREE daily email newsletter.