Jefferies Group LLC Analysts Give Booz Allen Hamilton Holding Co. (BAH) a $41.00 Price Target

Jefferies Group LLC set a $41.00 price target on Booz Allen Hamilton Holding Co. (NYSE:BAH) in a research note released on Thursday. The brokerage currently has a buy rating on the stock.

BAH has been the topic of a number of other reports. Vertical Research began coverage on shares of Booz Allen Hamilton Holding in a report on Thursday, March 16th. They set a buy rating and a $42.00 price objective on the stock. Zacks Investment Research lowered shares of Booz Allen Hamilton Holding from a buy rating to a sell rating in a research note on Tuesday, January 31st. Drexel Hamilton reiterated a buy rating and issued a $44.00 price target (up from $37.00) on shares of Booz Allen Hamilton Holding in a research note on Friday, December 30th. Bank of America Corp upgraded shares of Booz Allen Hamilton Holding from a neutral rating to a buy rating in a research note on Friday, November 18th. Finally, Barclays PLC reiterated a buy rating and issued a $38.00 price target on shares of Booz Allen Hamilton Holding in a research note on Friday, January 20th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $39.57.

Booz Allen Hamilton Holding (NYSE:BAH) opened at 37.33 on Thursday. The company has a market cap of $5.60 billion, a PE ratio of 22.49 and a beta of 1.13. The firm has a 50 day moving average price of $35.48 and a 200 day moving average price of $34.02. Booz Allen Hamilton Holding has a 12-month low of $27.02 and a 12-month high of $38.54.

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

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The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 28th. Shareholders of record on Friday, February 10th were paid a $0.17 dividend. This is a positive change from Booz Allen Hamilton Holding’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Wednesday, February 8th. Booz Allen Hamilton Holding’s payout ratio is presently 40.96%.

In other Booz Allen Hamilton Holding news, Director Philip A. Odeen sold 10,000 shares of Booz Allen Hamilton Holding stock in a transaction on Wednesday, February 8th. The shares were sold at an average price of $34.06, for a total value of $340,600.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.76% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the stock. Aperio Group LLC raised its stake in shares of Booz Allen Hamilton Holding by 13.1% in the third quarter. Aperio Group LLC now owns 20,244 shares of the company’s stock valued at $640,000 after buying an additional 2,350 shares during the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of Booz Allen Hamilton Holding by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 3,660 shares of the company’s stock worth $116,000 after buying an additional 14 shares during the period. Sit Investment Associates Inc. increased its position in shares of Booz Allen Hamilton Holding by 9.4% in the third quarter. Sit Investment Associates Inc. now owns 103,425 shares of the company’s stock worth $3,269,000 after buying an additional 8,900 shares during the period. Channing Capital Management LLC increased its position in shares of Booz Allen Hamilton Holding by 1.3% in the third quarter. Channing Capital Management LLC now owns 2,363,326 shares of the company’s stock worth $74,705,000 after buying an additional 31,194 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Booz Allen Hamilton Holding by 1.4% in the third quarter. Wells Fargo & Company MN now owns 188,109 shares of the company’s stock worth $5,946,000 after buying an additional 2,533 shares during the period. Hedge funds and other institutional investors own 93.23% of the company’s stock.

Booz Allen Hamilton Holding Company Profile

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.

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