Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus rating of “Buy” from the fourteen research firms that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $40.83.

Several equities analysts have recently commented on BAH shares. Cowen restated a “buy” rating and issued a $41.00 target price on shares of Booz Allen Hamilton in a research report on Monday, August 7th. BidaskClub cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Jefferies Group restated a “hold” rating and issued a $36.00 target price on shares of Booz Allen Hamilton in a research report on Thursday, September 21st. Vertical Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Monday, October 9th.

In related news, insider Horacio Rozanski sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $36.01, for a total transaction of $1,080,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Karen M. Dahut sold 46,406 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total transaction of $1,764,356.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,406 shares of company stock valued at $3,871,976. 3.04% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in BAH. Advisor Group Inc. increased its position in Booz Allen Hamilton by 13.1% during the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after purchasing an additional 405 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in Booz Allen Hamilton by 27.8% in 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 during the period. The Manufacturers Life Insurance Company increased its position in Booz Allen Hamilton by 8.2% in 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 during the period. Tudor Investment Corp ET AL acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at approximately $206,000. Finally, Fiduciary Trust Co. acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at approximately $217,000. Institutional investors and hedge funds own 92.56% of the company’s stock.

Shares of Booz Allen Hamilton (BAH) traded up $0.69 during trading hours on Thursday, hitting $38.69. 1,023,214 shares of the stock traded hands, compared to its average volume of 1,146,098. The firm has a market cap of $5,640.00, a PE ratio of 20.51, a PEG ratio of 2.34 and a beta of 1.28. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton has a one year low of $31.06 and a one year high of $39.67.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 EPS. sell-side analysts forecast that Booz Allen Hamilton will post 1.91 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 14th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.76%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date is Monday, November 13th. Booz Allen Hamilton’s dividend payout ratio is currently 37.78%.

TRADEMARK VIOLATION NOTICE: “Booz Allen Hamilton Holding Co. (BAH) Receives Consensus Rating of “Buy” from Analysts” was reported by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2017/11/30/booz-allen-hamilton-holding-co-bah-receives-consensus-rating-of-buy-from-analysts.html.

Booz Allen Hamilton 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 (NYSE:BAH)

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