Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been given an average recommendation of “Hold” by the twelve analysts that are currently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $37.31.

BAH has been the subject of a number of analyst reports. Cowen and Company restated a “buy” rating and issued a $43.00 price target on shares of Booz Allen Hamilton Holding Corporation in a report on Monday, May 22nd. Wells Fargo & Company restated an “outperform” rating and issued a $42.00 price target (up previously from $36.50) on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, May 23rd. Vertical Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $42.00 to $36.00 in a report on Friday, June 16th. Drexel Hamilton cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $39.67 to $27.47 in a report on Friday, June 16th. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th.

In other news, Director Ian Fujiyama purchased 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average cost of $33.26 per share, with a total value of $498,900.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Karen M. Dahut sold 36,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $34.02, for a total value of $1,224,720.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,001 shares of company stock valued at $1,562,454. Company insiders own 3.04% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. Brookstone Capital Management acquired a new stake in shares of Booz Allen Hamilton Holding Corporation during the 2nd quarter valued at approximately $255,000. JPMorgan Chase & Co. raised its position in shares of Booz Allen Hamilton Holding Corporation by 73.8% during the 1st quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock valued at $19,022,000 after acquiring an additional 228,253 shares in the last quarter. Findlay Park Partners LLP acquired a new stake in shares of Booz Allen Hamilton Holding Corporation during the 1st quarter valued at approximately $86,306,000. William Blair Investment Management LLC raised its position in shares of Booz Allen Hamilton Holding Corporation by 9.5% during the 1st quarter. William Blair Investment Management LLC now owns 7,762,874 shares of the business services provider’s stock valued at $274,728,000 after acquiring an additional 672,544 shares in the last quarter. Finally, Credit Suisse AG raised its position in shares of Booz Allen Hamilton Holding Corporation by 29.5% during the 1st quarter. Credit Suisse AG now owns 371,558 shares of the business services provider’s stock valued at $13,149,000 after acquiring an additional 84,586 shares in the last quarter. 93.62% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) traded up 1.11% during mid-day trading on Friday, reaching $36.33. 374,075 shares of the company traded hands. The company has a market capitalization of $5.40 billion, a P/E ratio of 20.84 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 52-week low of $29.55 and a 52-week high of $39.67. The firm’s 50 day moving average price is $34.13 and its 200-day moving average price is $35.24.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. The business had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Equities analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Monday, August 14th were paid a dividend of $0.17 per share. This is a boost from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. This represents a $0.68 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend was Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is 38.86%.

Booz Allen Hamilton Holding Corporation 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 Holding Corporation (NYSE:BAH)

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