Booz Allen Hamilton Holding Corporation (NYSE:BAH) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

BAH has been the topic of a number of other reports. Cowen and Company restated a “buy” rating and set a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, August 7th. Zacks Investment Research lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Jefferies Group LLC restated a “hold” rating and set a $36.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, September 21st. BidaskClub lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, Wells Fargo & Company upped their target price on shares of Booz Allen Hamilton Holding Corporation from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Eight investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation has an average rating of “Hold” and an average target price of $39.72.

Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at $38.13 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 3.00. The company has a market capitalization of $5,669.02, a price-to-earnings ratio of 20.95, a P/E/G ratio of 2.35 and a beta of 1.28.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a net margin of 4.50% and a return on equity of 48.35%. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the firm earned $0.46 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. analysts forecast that Booz Allen Hamilton Holding Corporation will post 1.92 EPS for the current fiscal year.

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In related news, Director Peter J. Clare purchased 10,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of $32.30 per share, for a total transaction of $323,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ian Fujiyama purchased 15,000 shares of the company’s stock in a transaction on Monday, August 14th. The stock was bought at an average price of $33.26 per share, for a total transaction of $498,900.00. The disclosure for this purchase can be found here. Insiders sold 150,407 shares of company stock worth $5,434,430 over the last quarter. 3.04% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth approximately $102,000. Advisor Group Inc. grew its position in shares of Booz Allen Hamilton Holding Corporation by 13.1% during the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after acquiring an additional 405 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of Booz Allen Hamilton Holding Corporation by 7.8% during the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock worth $123,000 after acquiring an additional 250 shares during the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of Booz Allen Hamilton Holding Corporation by 27.8% during the second quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock worth $150,000 after acquiring an additional 1,001 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of Booz Allen Hamilton Holding Corporation by 8.2% during the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after acquiring an additional 347 shares during the last quarter. Institutional investors and hedge funds own 93.20% of the company’s stock.

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)

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