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

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

BAH has been the subject of several recent analyst reports. Truist Financial boosted their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. JPMorgan Chase & Co. boosted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Wells Fargo & Company upped their price objective on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Jefferies Financial Group upped their price objective on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Finally, The Goldman Sachs Group upped their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th.

Insider Buying and Selling at Booz Allen Hamilton

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

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds have recently made changes to their positions in the company. VisionPoint Advisory Group LLC lifted its position in Booz Allen Hamilton by 75.6% in the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 118 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Banque Cantonale Vaudoise increased its stake in shares of Booz Allen Hamilton by 112.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares in the last quarter. Smithfield Trust Co increased its stake in shares of Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after purchasing an additional 121 shares in the last quarter. Finally, MCF Advisors LLC increased its stake in shares of Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after purchasing an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 1.0 %

BAH opened at $151.40 on Wednesday. The business has a 50 day moving average of $146.27 and a 200-day moving average of $136.20. The stock has a market cap of $19.64 billion, a PE ratio of 48.84, a PEG ratio of 1.99 and a beta of 0.53. Booz Allen Hamilton has a 52 week low of $89.80 and a 52 week high of $154.82. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10.

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.