Booz Allen Hamilton Holding Corporation (NYSE:BAH)‘s stock had its “hold” rating restated by analysts at Jefferies Group LLC in a research note issued on Thursday. They presently have a $36.00 price objective on the business services provider’s stock. Jefferies Group LLC’s price target would indicate a potential downside of 2.09% from the company’s current price.

Other analysts have also recently issued research reports about the company. Cowen and Company reaffirmed a “buy” rating and set a $41.00 target price (down previously from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, June 26th. BidaskClub raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Drexel Hamilton cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the company from $39.67 to $27.47 in a research report on Friday, June 16th. Vertical Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the company from $42.00 to $36.00 in a research report on Friday, June 16th. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research report on Friday, June 16th. Eight analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $37.35.

Booz Allen Hamilton Holding Corporation (BAH) opened at 36.77 on Thursday. The firm’s 50-day moving average price is $34.19 and its 200-day moving average price is $35.24. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The stock has a market cap of $5.47 billion, a PE ratio of 21.10 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last announced its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.06. The business had revenue of $1.49 billion for 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 business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm 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.

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In other news, insider Karen M. Dahut sold 36,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $34.02, for a total value of $1,224,720.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Horacio Rozanski sold 30,000 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $36.01, for a total value of $1,080,300.00. The disclosure for this sale can be found here. Insiders sold a total of 76,001 shares of company stock valued at $2,642,754 in the last three months. Insiders own 3.04% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Brookstone Capital Management acquired a new stake in shares of Booz Allen Hamilton Holding Corporation in the 2nd quarter worth $255,000. JPMorgan Chase & Co. boosted its position in shares of Booz Allen Hamilton Holding Corporation by 73.8% in the 1st quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock worth $19,022,000 after purchasing 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 in the 1st quarter worth $86,306,000. Credit Suisse AG boosted its position in shares of Booz Allen Hamilton Holding Corporation by 29.5% in the 1st quarter. Credit Suisse AG now owns 371,558 shares of the business services provider’s stock worth $13,149,000 after purchasing an additional 84,586 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Booz Allen Hamilton Holding Corporation by 7.2% in the 1st quarter. Vanguard Group Inc. now owns 14,534,410 shares of the business services provider’s stock worth $514,372,000 after purchasing an additional 979,130 shares in the last quarter. 93.62% of the stock is owned by hedge funds and other institutional investors.

About Booz Allen Hamilton Holding Corporation

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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