Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Consensus Rating of “Hold” by Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $141.70.

A number of equities research analysts have issued reports on BAH shares. The Goldman Sachs Group reissued a “neutral” rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. JPMorgan Chase & Co. lowered their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating for the company in a research report on Tuesday, April 15th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Monday, February 3rd. Truist Financial lowered their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a research note on Monday, April 14th. Finally, William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BAH. Barclays PLC boosted its holdings in Booz Allen Hamilton by 17.1% in the third quarter. Barclays PLC now owns 101,365 shares of the business services provider’s stock valued at $16,497,000 after purchasing an additional 14,826 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in Booz Allen Hamilton by 18.7% in the fourth quarter. Park Avenue Securities LLC now owns 13,048 shares of the business services provider’s stock valued at $1,679,000 after purchasing an additional 2,051 shares during the last quarter. Empirical Asset Management LLC purchased a new position in Booz Allen Hamilton in the fourth quarter valued at about $1,900,000. Wedge Capital Management L L P NC boosted its holdings in Booz Allen Hamilton by 33.9% in the fourth quarter. Wedge Capital Management L L P NC now owns 485,064 shares of the business services provider’s stock valued at $62,428,000 after purchasing an additional 122,825 shares during the last quarter. Finally, HB Wealth Management LLC boosted its holdings in Booz Allen Hamilton by 5.0% in the fourth quarter. HB Wealth Management LLC now owns 2,470 shares of the business services provider’s stock valued at $318,000 after purchasing an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Up 0.4%

Shares of NYSE:BAH opened at $128.98 on Friday. The stock’s 50-day moving average price is $115.31 and its two-hundred day moving average price is $127.26. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton has a 12-month low of $101.05 and a 12-month high of $190.59. The firm has a market cap of $16.33 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.25 and a beta of 0.56.

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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.