Booz Allen Hamilton Holding Corp. (NYSE:BAH) has been assigned a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the stock. Nine investment analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $34.50.

A number of research analysts recently issued reports on BAH shares. Jefferies Group reiterated a “buy” rating and issued a $37.00 target price on shares of Booz Allen Hamilton Holding Corp. in a report on Saturday, October 8th. Raymond James Financial Inc. upgraded Booz Allen Hamilton Holding Corp. from a “market perform” rating to an “outperform” rating and set a $36.00 target price for the company in a report on Thursday, October 6th. Barclays PLC reiterated an “overweight” rating and issued a $32.00 target price on shares of Booz Allen Hamilton Holding Corp. in a report on Sunday, July 31st. Zacks Investment Research upgraded Booz Allen Hamilton Holding Corp. from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Monday, September 19th. Finally, Bank of America Corp. upgraded Booz Allen Hamilton Holding Corp. from a “neutral” rating to a “buy” rating in a report on Friday.

Shares of Booz Allen Hamilton Holding Corp. (NYSE:BAH) opened at 35.12 on Monday. The stock has a market capitalization of $5.24 billion, a PE ratio of 17.52 and a beta of 1.06. The firm has a 50 day moving average price of $31.48 and a 200 day moving average price of $30.17. Booz Allen Hamilton Holding Corp. has a one year low of $25.03 and a one year high of $35.81.

Booz Allen Hamilton Holding Corp. (NYSE:BAH) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.03. Booz Allen Hamilton Holding Corp. had a return on equity of 59.18% and a net margin of 5.48%. The business earned $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $0.39 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. Analysts predict that Booz Allen Hamilton Holding Corp. will post $1.75 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Thursday, November 10th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.71%. This is an increase from Booz Allen Hamilton Holding Corp.’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Tuesday, November 8th. Booz Allen Hamilton Holding Corp.’s payout ratio is 30.00%.

In other Booz Allen Hamilton Holding Corp. news, insider Joseph Logue sold 60,000 shares of Booz Allen Hamilton Holding Corp. stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $32.03, for a total transaction of $1,921,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.76% of the company’s stock.

A number of hedge funds have recently made changes to their positions in BAH. Public Employees Retirement Association of Colorado increased its stake in shares of Booz Allen Hamilton Holding Corp. by 11.7% in the second quarter. Public Employees Retirement Association of Colorado now owns 3,646 shares of the company’s stock worth $108,000 after buying an additional 382 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of Booz Allen Hamilton Holding Corp. during the third quarter worth about $134,000. NN Investment Partners Holdings N.V. increased its stake in shares of Booz Allen Hamilton Holding Corp. by 9.5% in the second quarter. NN Investment Partners Holdings N.V. now owns 4,600 shares of the company’s stock worth $136,000 after buying an additional 400 shares during the period. Bronfman E.L. Rothschild L.P. increased its stake in shares of Booz Allen Hamilton Holding Corp. by 0.8% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 5,008 shares of the company’s stock worth $158,000 after buying an additional 42 shares during the period. Finally, Citigroup Inc. increased its stake in shares of Booz Allen Hamilton Holding Corp. by 165.7% in the second quarter. Citigroup Inc. now owns 5,113 shares of the company’s stock worth $151,000 after buying an additional 3,189 shares during the period. 93.40% of the stock is owned by institutional investors.

Booz Allen Hamilton Holding Corp. 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.

5 Day Chart for NYSE:BAH

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