Booz Allen Hamilton Holding Co. (NYSE:BAH) has been given a consensus recommendation of “Buy” by the fifteen analysts that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $41.83.
Several research firms recently commented on BAH. Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Cowen reiterated a “buy” rating and issued a $50.00 price objective on shares of Booz Allen Hamilton in a research note on Monday, February 5th. Stifel Nicolaus began coverage on Booz Allen Hamilton in a research note on Tuesday, November 21st. They issued a “buy” rating and a $46.00 price objective on the stock. Finally, SunTrust Banks began coverage on Booz Allen Hamilton in a research note on Friday, December 1st. They issued a “buy” rating and a $47.00 price objective on the stock.
In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 35,870 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,435,876.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Melody C. Barnes sold 1,018 shares of the stock in a transaction on Monday, March 5th. The stock was sold at an average price of $39.30, for a total value of $40,007.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 153,131 shares of company stock worth $6,116,525. Company insiders own 3.04% of the company’s stock.
Large investors have recently bought and sold shares of the business. Cerebellum GP LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $126,000. American International Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $128,000. The Manufacturers Life Insurance Company raised its position in shares of Booz Allen Hamilton by 8.2% in the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after buying an additional 347 shares in the last quarter. Camelot Portfolios LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $220,000. Finally, Ramsey Quantitative Systems purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $302,000. Hedge funds and other institutional investors own 93.56% of the company’s stock.
Booz Allen Hamilton (NYSE:BAH) traded up $0.03 during mid-day trading on Friday, hitting $39.12. The stock had a trading volume of 256,807 shares, compared to its average volume of 919,430. The company has a market capitalization of $5,664.70, a price-to-earnings ratio of 20.45, a PEG ratio of 1.96 and a beta of 1.29. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.14. Booz Allen Hamilton has a 52 week low of $31.06 and a 52 week high of $40.25.
Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the company posted $0.38 earnings per share. Booz Allen Hamilton’s quarterly revenue was up 6.8% on a year-over-year basis. equities research analysts anticipate that Booz Allen Hamilton will post 1.93 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.76 annualized dividend and a dividend yield of 1.94%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.17. Booz Allen Hamilton’s dividend payout ratio is currently 39.79%.
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Booz Allen Hamilton Company Profile
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.
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