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

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

A number of analysts have recently issued reports on BAH shares. Jefferies Financial Group raised their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. The Goldman Sachs Group raised their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, January 29th. Truist Financial raised their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, January 29th. Wells Fargo & Company raised their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $151.40 on Wednesday. Booz Allen Hamilton has a one year low of $89.80 and a one year high of $154.82. The company’s 50-day moving average is $146.27 and its 200 day moving average is $136.20. The company has a market capitalization of $19.64 billion, a price-to-earnings ratio of 48.84, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

Insider Buying and Selling

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Matthew Calderone sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton 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 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 disclosure for this sale can be found here. 1.76% of the stock is currently owned by company insiders.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently made changes to their positions in BAH. Norges Bank acquired a new position in shares of Booz Allen Hamilton during the fourth quarter valued at about $188,129,000. Caisse DE Depot ET Placement DU Quebec boosted its position in Booz Allen Hamilton by 64.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock valued at $217,676,000 after buying an additional 778,437 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Booz Allen Hamilton by 19.3% in the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock valued at $497,084,000 after buying an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Booz Allen Hamilton by 30.1% in the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock valued at $324,341,000 after buying an additional 686,318 shares during the last quarter. Finally, AGF Management Ltd. grew its stake in shares of Booz Allen Hamilton by 40.8% during the 4th quarter. AGF Management Ltd. now owns 1,089,265 shares of the business services provider’s stock worth $139,328,000 after purchasing an additional 315,495 shares during the period. 91.82% of the stock is currently 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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.