Booz Allen Hamilton Holding Co. (BAH) Research Coverage Started at Vertical Research

Vertical Research initiated coverage on shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in a report released on Thursday morning. The brokerage issued a buy rating and a $42.00 target price on the stock.

Several other brokerages have also recently commented on BAH. Drexel Hamilton restated a buy rating and issued a $44.00 target price (up from $37.00) on shares of Booz Allen Hamilton Holding in a research report on Friday, December 30th. Barclays PLC restated a buy rating and issued a $38.00 target price on shares of Booz Allen Hamilton Holding in a research report on Friday, January 20th. Bank of America Corp upgraded shares of Booz Allen Hamilton Holding from a neutral rating to a buy rating in a research report on Friday, November 18th. Zacks Investment Research upgraded shares of Booz Allen Hamilton Holding from a sell rating to a hold rating in a research report on Tuesday, February 7th. Finally, Jefferies Group LLC restated a buy rating and issued a $41.00 target price on shares of Booz Allen Hamilton Holding in a research report on Monday, February 6th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Booz Allen Hamilton Holding presently has a consensus rating of Buy and an average target price of $39.57.

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

Booz Allen Hamilton Holding (NYSE:BAH) opened at 37.33 on Thursday. Booz Allen Hamilton Holding has a 52 week low of $27.02 and a 52 week high of $38.54. The firm has a 50-day moving average of $35.48 and a 200-day moving average of $34.02. The company has a market capitalization of $5.60 billion, a PE ratio of 22.49 and a beta of 1.13.

Booz Allen Hamilton Holding (NYSE:BAH) last issued its earnings results on Monday, January 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.40 by $0.02. The firm earned $1.40 billion during the quarter, compared to analyst estimates of $1.37 billion. Booz Allen Hamilton Holding had a net margin of 4.46% and a return on equity of 52.41%. Booz Allen Hamilton Holding’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Equities analysts expect that Booz Allen Hamilton Holding will post $1.73 earnings per share for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 28th. Investors of record on Friday, February 10th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.82%. This is a boost from Booz Allen Hamilton Holding’s previous quarterly dividend of $0.15. The ex-dividend date was Wednesday, February 8th. Booz Allen Hamilton Holding’s dividend payout ratio is currently 40.96%.

In related news, Director Philip A. Odeen sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 8th. The shares were sold at an average price of $34.06, for a total transaction of $340,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.76% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio boosted its position in Booz Allen Hamilton Holding by 1.4% in the second quarter. Public Employees Retirement System of Ohio now owns 105,332 shares of the company’s stock worth $3,122,000 after buying an additional 1,421 shares in the last quarter. Macquarie Group Ltd. boosted its position in Booz Allen Hamilton Holding by 10.9% in the second quarter. Macquarie Group Ltd. now owns 198,974 shares of the company’s stock worth $5,898,000 after buying an additional 19,500 shares in the last quarter. Eqis Capital Management Inc. boosted its position in Booz Allen Hamilton Holding by 47.3% in the third quarter. Eqis Capital Management Inc. now owns 10,133 shares of the company’s stock worth $320,000 after buying an additional 3,255 shares in the last quarter. Independent Portfolio Consultants Inc. boosted its position in Booz Allen Hamilton Holding by 18.3% in the third quarter. Independent Portfolio Consultants Inc. now owns 22,155 shares of the company’s stock worth $700,000 after buying an additional 3,435 shares in the last quarter. Finally, Hilton Capital Management LLC boosted its position in Booz Allen Hamilton Holding by 5.7% in the third quarter. Hilton Capital Management LLC now owns 189,772 shares of the company’s stock worth $5,999,000 after buying an additional 10,269 shares in the last quarter. Institutional investors and hedge funds own 93.23% of the company’s stock.

About Booz Allen Hamilton Holding

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.

5 Day Chart for NYSE:BAH

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