Jefferies Group LLC reissued their hold rating on shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in a report released on Thursday morning. Jefferies Group LLC currently has a $36.00 target price on the business services provider’s stock.

Several other research analysts have also issued reports on BAH. Cowen and Company reissued a buy rating and issued a $46.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research report on Tuesday, June 6th. Vertical Research lowered Booz Allen Hamilton Holding Corporation from a buy rating to a hold rating and decreased their target price for the stock from $42.00 to $36.00 in a research report on Friday, June 16th. Drexel Hamilton lowered Booz Allen Hamilton Holding Corporation from a buy rating to a hold rating and decreased their target price for the stock from $39.67 to $27.47 in a research report on Friday, June 16th. Raymond James Financial, Inc. reissued a market perform rating on shares of Booz Allen Hamilton Holding Corporation in a research report on Friday, June 16th. Finally, Bank of America Corporation lowered Booz Allen Hamilton Holding Corporation from a buy rating to a neutral rating in a research report on Friday, June 16th. Eight investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Booz Allen Hamilton Holding Corporation currently has a consensus rating of Hold and an average price target of $37.35.

Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 36.86 on Thursday. The firm has a market cap of $5.48 billion, a PE ratio of 21.15 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The firm has a 50-day moving average price of $34.19 and a 200-day moving average price of $35.24.

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

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The business also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Monday, August 14th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.84%. This is an increase from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is presently 38.86%.

In related news, Director Ian Fujiyama purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were bought at an average price of $33.26 per share, for a total transaction of $498,900.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter J. Clare purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $32.30 per share, for a total transaction of $323,000.00. The disclosure for this purchase can be found here. Insiders sold a total of 76,001 shares of company stock worth $2,642,754 in the last 90 days. 3.04% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of BAH. BlackRock Inc. boosted its stake in Booz Allen Hamilton Holding Corporation by 1,951.0% during the 1st quarter. BlackRock Inc. now owns 8,227,419 shares of the business services provider’s stock valued at $291,169,000 after purchasing an additional 7,826,286 shares during the last quarter. Findlay Park Partners LLP purchased a new stake in Booz Allen Hamilton Holding Corporation during the 1st quarter valued at $86,306,000. Ameriprise Financial Inc. boosted its stake in Booz Allen Hamilton Holding Corporation by 92.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,405,492 shares of the business services provider’s stock valued at $110,798,000 after purchasing an additional 1,636,510 shares during the last quarter. TimesSquare Capital Management LLC boosted its stake in Booz Allen Hamilton Holding Corporation by 34.9% during the 2nd quarter. TimesSquare Capital Management LLC now owns 6,148,375 shares of the business services provider’s stock valued at $200,068,000 after purchasing an additional 1,589,920 shares during the last quarter. Finally, Citadel Advisors LLC boosted its stake in Booz Allen Hamilton Holding Corporation by 12,218.8% during the 2nd quarter. Citadel Advisors LLC now owns 1,305,788 shares of the business services provider’s stock valued at $42,490,000 after purchasing an additional 1,295,188 shares during the last quarter. Institutional investors own 93.62% of the company’s stock.

Booz Allen Hamilton Holding Corporation 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.

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

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