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

Booz Allen Hamilton Holding Co. (NYSE:BAH – Get Rating) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $104.63.

A number of research analysts have recently issued reports on BAH shares. Morgan Stanley dropped their price target on shares of Booz Allen Hamilton from $118.00 to $116.00 and set an “overweight” rating on the stock in a research note on Thursday, February 2nd. StockNews.com started coverage on Booz Allen Hamilton in a report on Thursday, May 18th. They issued a “hold” rating for the company. Finally, Wells Fargo & Company lifted their price target on Booz Allen Hamilton from $109.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, February 1st.

Insider Transactions at Booz Allen Hamilton

In related news, EVP Elizabeth M. Thompson sold 27,925 shares of Booz Allen Hamilton stock in a transaction on Friday, April 21st. The stock was sold at an average price of $99.00, for a total transaction of $2,764,575.00. Following the completion of the transaction, the executive vice president now directly owns 20,474 shares of the company’s stock, valued at $2,026,926. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.23% of the company’s stock.

Hedge Funds Weigh In On Booz Allen Hamilton

Several hedge funds have recently added to or reduced their stakes in the business. Roundview Capital LLC raised its position in shares of Booz Allen Hamilton by 2.5% during the 1st quarter. Roundview Capital LLC now owns 23,668 shares of the business services provider’s stock worth $2,079,000 after purchasing an additional 580 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Booz Allen Hamilton in the first quarter valued at $212,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Booz Allen Hamilton during the 1st quarter worth about $274,000. MetLife Investment Management LLC acquired a new position in Booz Allen Hamilton in the 1st quarter valued at about $746,000. Finally, Panagora Asset Management Inc. lifted its holdings in Booz Allen Hamilton by 34.4% in the 1st quarter. Panagora Asset Management Inc. now owns 10,491 shares of the business services provider’s stock valued at $922,000 after purchasing an additional 2,685 shares in the last quarter. 90.68% of the stock is currently owned by hedge funds and other institutional investors.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $93.50 on Wednesday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a market cap of $12.37 billion, a price-to-earnings ratio of 29.04, a price-to-earnings-growth ratio of 2.15 and a beta of 0.60. The firm’s fifty day moving average price is $93.83 and its 200 day moving average price is $98.08. Booz Allen Hamilton has a 1-year low of $79.85 and a 1-year high of $112.55.

About Booz Allen Hamilton

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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.