Booz Allen Hamilton (NYSE:BAH) Reaches New 1-Year High at $154.82

Booz Allen Hamilton Holding Co. (NYSE:BAH) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $154.82 and last traded at $154.09, with a volume of 51543 shares. The stock had previously closed at $152.88.

Analysts Set New Price Targets

Several brokerages recently issued reports on BAH. Truist Financial raised their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, January 29th. JPMorgan Chase & Co. raised their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. Wells Fargo & Company raised their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Jefferies Financial Group raised their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Finally, The Goldman Sachs Group raised their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton currently has a consensus rating of “Hold” and a consensus price target of $145.11.

Booz Allen Hamilton Trading Up 2.2 %

The company has a market capitalization of $20.02 billion, a price-to-earnings ratio of 49.79, a PEG ratio of 1.99 and a beta of 0.53. The firm has a 50-day moving average price of $146.35 and a 200-day moving average price of $136.30. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10.

Insider Activity

In other news, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction 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 transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at approximately $81,209,208.59. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was 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 of the company’s stock, valued at $3,730,437.62. The disclosure for this sale can be found here. 1.76% of the stock is owned by insiders.

Institutional Trading of Booz Allen Hamilton

Hedge funds and other institutional investors have recently modified their holdings of the business. Quantbot Technologies LP acquired a new stake in Booz Allen Hamilton during the third quarter valued at $1,395,000. Morgan Stanley boosted its position in Booz Allen Hamilton by 4.2% during the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after purchasing an additional 199,449 shares during the last quarter. Hsbc Holdings PLC boosted its position in Booz Allen Hamilton by 28.5% during the third quarter. Hsbc Holdings PLC now owns 78,201 shares of the business services provider’s stock valued at $8,558,000 after purchasing an additional 17,362 shares during the last quarter. DNB Asset Management AS boosted its position in Booz Allen Hamilton by 11.4% during the fourth quarter. DNB Asset Management AS now owns 157,632 shares of the business services provider’s stock valued at $20,163,000 after purchasing an additional 16,176 shares during the last quarter. Finally, Helios Capital Management PTE. Ltd. acquired a new stake in Booz Allen Hamilton during the fourth quarter valued at $1,804,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

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.