Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $145.11.

BAH has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Barclays lowered shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. Jefferies Financial Group upped their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Finally, The Goldman Sachs Group boosted their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th.

Booz Allen Hamilton Price Performance

BAH opened at $144.04 on Friday. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. Booz Allen Hamilton has a 1 year low of $89.80 and a 1 year high of $150.59. The firm has a market cap of $18.69 billion, a price-to-earnings ratio of 46.46, a PEG ratio of 1.94 and a beta of 0.53. The stock’s 50 day simple moving average is $146.33 and its 200 day simple moving average is $132.93.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter in the prior year, the company posted $1.07 EPS. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. As a group, analysts predict that Booz Allen Hamilton will post 5.41 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were given a dividend of $0.51 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.42%. Booz Allen Hamilton’s payout ratio is presently 65.81%.

Insider Transactions at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the sale, the chief executive officer now owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Booz Allen Hamilton news, COO Kristine Anderson sold 5,068 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $139.88, for a total value of $708,911.84. Following the completion of the sale, the chief operating officer now owns 71,656 shares in the company, valued at approximately $10,023,241.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the sale, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The disclosure for this sale can be found here. Insiders sold 55,568 shares of company stock worth $8,067,487 in the last three months. Corporate insiders own 1.76% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently added to or reduced their stakes in BAH. Janiczek Wealth Management LLC bought a new stake in Booz Allen Hamilton in the 3rd quarter worth approximately $25,000. VisionPoint Advisory Group LLC boosted its holdings in shares of Booz Allen Hamilton by 75.6% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the period. Acadian Asset Management LLC bought a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at approximately $31,000. Banque Cantonale Vaudoise lifted its position in Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after buying an additional 109 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. purchased a new position in shares of Booz Allen Hamilton during the 3rd quarter worth about $34,000. 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.