Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have been assigned a consensus recommendation of “Buy” from the twelve analysts that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $39.50.

Several analysts have recently weighed in on the company. BidaskClub raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Cowen and Company reissued an “outperform” rating and issued a $43.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, July 4th. Jefferies Group LLC downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 target price for the company. in a report on Monday, July 17th. Zacks Investment Research raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, October 9th. Finally, Vertical Research raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Tuesday, October 3rd.

In other Booz Allen Hamilton Holding Corporation news, insider Karen M. Dahut sold 46,406 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total transaction of $1,764,356.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Peter J. Clare bought 10,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were acquired at an average price of $32.30 per share, for a total transaction of $323,000.00. The disclosure for this purchase can be found here. Insiders have sold a total of 150,407 shares of company stock worth $5,434,430 in the last quarter. 3.04% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brookstone Capital Management acquired a new position in Booz Allen Hamilton Holding Corporation during the 2nd quarter worth approximately $255,000. Cambridge Investment Research Advisors Inc. acquired a new position in Booz Allen Hamilton Holding Corporation during the 2nd quarter worth approximately $277,000. JPMorgan Chase & Co. increased its position in Booz Allen Hamilton Holding Corporation by 73.8% during the 1st quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock worth $19,022,000 after purchasing an additional 228,253 shares during the period. Findlay Park Partners LLP increased its position in Booz Allen Hamilton Holding Corporation by 51.7% during the 2nd quarter. Findlay Park Partners LLP now owns 3,700,000 shares of the business services provider’s stock worth $120,398,000 after purchasing an additional 1,261,292 shares during the period. Finally, Citadel Advisors LLC increased its position in Booz Allen Hamilton Holding Corporation by 12,218.8% during the 2nd quarter. Citadel Advisors LLC now owns 1,305,788 shares of the business services provider’s stock worth $42,490,000 after purchasing an additional 1,295,188 shares during the period. Institutional investors own 93.63% of the company’s stock.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 38.51 on Wednesday. The company’s 50-day moving average price is $36.19 and its 200 day moving average price is $35.36. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.67 and a 12 month high of $39.67. The firm has a market capitalization of $5.73 billion, a price-to-earnings ratio of 22.09 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $0.46 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current year.

WARNING: “Booz Allen Hamilton Holding Corporation (BAH) Receives Consensus Recommendation of “Buy” from Analysts” was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at https://www.watchlistnews.com/booz-allen-hamilton-holding-corporation-bah-receives-consensus-recommendation-of-buy-from-analysts/1634441.html.

About Booz Allen Hamilton Holding Corporation

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.

Analyst Recommendations for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Receive News & Ratings for Booz Allen Hamilton Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton Holding Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.