Booz Allen Hamilton (NYSE:BAH) Sees Strong Trading Volume

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) saw unusually-high trading volume on Monday . Approximately 416,811 shares were traded during trading, a decline of 32% from the previous session’s volume of 611,778 shares.The stock last traded at $149.62 and had previously closed at $147.25.

Analysts Set New Price Targets

BAH has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. Truist Financial raised their target price on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, January 29th. Jefferies Financial Group raised their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. The Goldman Sachs Group raised their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, January 29th. Finally, Wells Fargo & Company raised their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus target price of $145.11.

Booz Allen Hamilton Trading Down 0.2 %

The stock has a market cap of $19.60 billion, a PE ratio of 48.84, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. The stock has a 50-day moving average price of $146.27 and a two-hundred day moving average price of $136.20. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Horacio Rozanski sold 49,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at approximately $81,209,208.59. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by company insiders.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently modified their holdings of the stock. First Financial Corp IN raised its stake in shares of Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 83 shares in the last quarter. Gulf International Bank UK Ltd increased its holdings in Booz Allen Hamilton by 0.8% during the first quarter. Gulf International Bank UK Ltd now owns 10,838 shares of the business services provider’s stock valued at $1,608,000 after buying an additional 85 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Booz Allen Hamilton by 2.2% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,975 shares of the business services provider’s stock valued at $508,000 after buying an additional 86 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Booz Allen Hamilton by 0.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 17,990 shares of the business services provider’s stock valued at $2,671,000 after buying an additional 93 shares during the period. Finally, Greenleaf Trust increased its holdings in Booz Allen Hamilton by 1.9% during the fourth quarter. Greenleaf Trust now owns 5,335 shares of the business services provider’s stock valued at $682,000 after buying an additional 99 shares during the period. Institutional investors own 91.82% of the company’s stock.

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