Booz Allen Hamilton Holding Corporation (NYSE:BAH) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other brokerages also recently issued reports on BAH. Wells Fargo & Company boosted their target price on shares of Booz Allen Hamilton Holding Corporation from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. Zacks Investment Research downgraded shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Cowen and Company reissued a “buy” rating and set a $50.00 target price (up from $41.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, October 12th. Vertical Research raised shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, October 3rd. Finally, Jefferies Group LLC reissued a “hold” rating and set a $36.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, September 21st. Eight analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $39.72.

Booz Allen Hamilton Holding Corporation (BAH) traded up $0.36 during midday trading on Friday, hitting $38.13. 1,002,659 shares of the stock traded hands, compared to its average volume of 841,126. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 3.00. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 20.77, a price-to-earnings-growth ratio of 2.33 and a beta of 1.28.

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

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In other news, insider Karen M. Dahut sold 46,406 shares of the company’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $38.02, for a total value of $1,764,356.12. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Horacio Rozanski sold 30,000 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $36.01, for a total transaction of $1,080,300.00. The disclosure for this sale can be found here. Insiders sold 150,407 shares of company stock worth $5,434,430 over the last ninety days. 3.04% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its stake in shares of Booz Allen Hamilton Holding Corporation by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after acquiring an additional 49 shares during the last quarter. M&T Bank Corp increased its stake in shares of Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock worth $454,000 after acquiring an additional 65 shares during the last quarter. Teacher Retirement System of Texas increased its stake in shares of Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after acquiring an additional 66 shares during the last quarter. Somerset Trust Co boosted its holdings in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock worth $457,000 after purchasing an additional 75 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in Booz Allen Hamilton Holding Corporation by 7.8% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock worth $123,000 after purchasing an additional 250 shares in the last quarter. 93.20% of the stock is currently owned by institutional investors and hedge funds.

About Booz Allen Hamilton Holding Corporation

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.

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

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