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

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $145.11.

BAH has been the subject of several research analyst reports. Jefferies Financial Group lifted their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Wells Fargo & Company lifted their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. lifted their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Truist Financial lifted their price target on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Monday, January 29th. Finally, Barclays downgraded shares of Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research note on Friday, January 5th.

Booz Allen Hamilton Stock Up 1.9 %

Shares of NYSE:BAH opened at $142.14 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. Booz Allen Hamilton has a 12 month low of $89.80 and a 12 month high of $150.59. The company has a 50-day moving average price of $146.03 and a 200 day moving average price of $134.02. The company has a market cap of $18.44 billion, a price-to-earnings ratio of 45.85, a PEG ratio of 1.91 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 26th. The business services provider reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.28. The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.54 billion. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 earnings per share. As a group, equities research analysts predict that Booz Allen Hamilton will post 5.39 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 12th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, February 9th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.47. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.44%. Booz Allen Hamilton’s payout ratio is 65.81%.

Insider Activity

In related 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of the business’s 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 transaction, 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. Insiders have sold 55,568 shares of company stock valued at $8,067,487 over the last ninety days. 1.76% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Banque Cantonale Vaudoise raised its position in shares of Booz Allen Hamilton by 112.4% in the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after acquiring an additional 109 shares during the period. MCF Advisors LLC raised its position in shares of Booz Allen Hamilton by 103.6% in the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after acquiring an additional 115 shares during the period. Janiczek Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton in the third quarter worth about $25,000. Smithfield Trust Co raised its position in shares of Booz Allen Hamilton by 87.7% in the fourth quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the period. Finally, Riverview Trust Co acquired a new position in shares of Booz Allen Hamilton in the first quarter worth about $39,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

About Booz Allen Hamilton

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.