Brokerages Set Booz Allen Hamilton Holding Co. (NYSE:BAH) Price Target at $145.11

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $145.11.

A number of equities research analysts have commented on the company. Truist Financial increased their target price on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. JPMorgan Chase & Co. increased their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. Barclays lowered Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 5th. Finally, Jefferies Financial Group increased their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value 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 can be accessed through the SEC website. In other news, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the sale, the chief executive officer now owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,568 shares of company stock worth $8,067,487. Corporate insiders own 1.76% of the company’s stock.

Institutional Investors Weigh In On Booz Allen Hamilton

Hedge funds have recently made changes to their positions in the business. Janiczek Wealth Management LLC bought a new stake in shares of Booz Allen Hamilton during the third quarter valued at approximately $25,000. VisionPoint Advisory Group LLC raised its holdings in Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Booz Allen Hamilton during the third quarter worth approximately $31,000. Banque Cantonale Vaudoise raised its holdings in Booz Allen Hamilton by 112.4% during the first quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. bought a new stake in Booz Allen Hamilton during the third quarter worth approximately $34,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

BAH opened at $142.25 on Friday. The stock has a market cap of $18.46 billion, a P/E ratio of 45.89, a P/E/G ratio of 1.96 and a beta of 0.53. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. The stock’s 50 day simple moving average is $146.33 and its 200 day simple moving average is $133.51. Booz Allen Hamilton has a 1-year low of $89.80 and a 1-year high of $150.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.28. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.54 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 EPS. As a group, equities analysts anticipate that Booz Allen Hamilton will post 5.4 EPS for the current fiscal year.

Booz Allen Hamilton Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Monday, February 12th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.43%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, February 9th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 65.81%.

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.