Booz Allen Hamilton (NYSE:BAH) Upgraded at TD Cowen

Booz Allen Hamilton (NYSE:BAH) was upgraded by research analysts at TD Cowen to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts also recently weighed in on the company. UBS Group began coverage on Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. The Goldman Sachs Group reduced their target price on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Barclays raised their price objective on shares of Booz Allen Hamilton from $142.00 to $175.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and boosted their price objective for the company from $154.00 to $158.00 in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company decreased their price target on Booz Allen Hamilton from $206.00 to $177.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $167.44.

Booz Allen Hamilton Trading Down 3.5 %

Shares of NYSE BAH opened at $128.66 on Thursday. The company’s fifty day moving average is $157.76 and its 200-day moving average is $155.25. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The stock has a market cap of $16.44 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 1.62 and a beta of 0.52. Booz Allen Hamilton has a twelve month low of $123.17 and a twelve month high of $190.59.

Insider Buying and Selling at Booz Allen Hamilton

In related news, EVP Richard Crowe sold 4,243 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $165.00, for a total value of $700,095.00. Following the completion of the sale, the executive vice president now directly owns 25,496 shares in the company, valued at $4,206,840. This trade represents a 14.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Matthew Calderone sold 3,865 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $160.00, for a total value of $618,400.00. Following the completion of the transaction, the chief financial officer now directly owns 33,683 shares in the company, valued at $5,389,280. This trade represents a 10.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,173 shares of company stock valued at $1,989,220. Company insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Assenagon Asset Management S.A. acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at about $202,000. &PARTNERS purchased a new position in shares of Booz Allen Hamilton during the second quarter worth approximately $277,000. Alta Capital Management LLC boosted its stake in shares of Booz Allen Hamilton by 0.8% during the second quarter. Alta Capital Management LLC now owns 18,410 shares of the business services provider’s stock worth $2,833,000 after buying an additional 147 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of Booz Allen Hamilton by 20.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 15,212 shares of the business services provider’s stock valued at $2,341,000 after purchasing an additional 2,569 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $322,000. 91.82% of the stock is owned by institutional investors and hedge funds.

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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.