Brokerages Set Booz Allen Hamilton Holding Corporation (NYSE:BAH) PT at $94.17

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have earned an average rating of “Reduce” from the fifteen analysts that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $94.1667.

BAH has been the topic of a number of analyst reports. Stifel Nicolaus increased their price objective on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a research note on Tuesday, January 27th. UBS Group reaffirmed a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price objective on the stock.

Institutional Trading of Booz Allen Hamilton

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Booz Allen Hamilton by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock valued at $1,176,522,000 after acquiring an additional 227,141 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Booz Allen Hamilton by 38.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock worth $550,722,000 after buying an additional 1,811,906 shares during the period. First Trust Advisors LP lifted its position in Booz Allen Hamilton by 36.0% during the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock worth $409,697,000 after buying an additional 1,285,475 shares during the period. Primecap Management Co. CA lifted its position in Booz Allen Hamilton by 135.2% during the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after buying an additional 2,682,460 shares during the period. Finally, State Street Corp lifted its position in Booz Allen Hamilton by 53.2% during the fourth quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock worth $371,428,000 after buying an additional 1,528,739 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Up 0.2%

Booz Allen Hamilton stock opened at $76.97 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market capitalization of $9.28 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 4.45 and a beta of 0.32. Booz Allen Hamilton has a fifty-two week low of $73.93 and a fifty-two week high of $130.91. The stock’s fifty day moving average is $79.29 and its two-hundred day moving average is $84.46.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.