Booz Allen Hamilton Holding Co. (NYSE:BAH)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $61.95 and last traded at $61.74, with a volume of 1231400 shares. The stock had previously closed at $61.07.
A number of research firms have recently commented on BAH. Goldman Sachs Group began coverage on Booz Allen Hamilton in a research note on Thursday, May 9th. They issued a “buy” rating on the stock. Zacks Investment Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Tuesday, April 9th. Finally, Wells Fargo & Co set a $58.00 price objective on Booz Allen Hamilton and gave the stock a “buy” rating in a research note on Saturday, February 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $53.63.
The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.54. The company has a market cap of $8.65 billion, a PE ratio of 30.81, a PEG ratio of 1.43 and a beta of 1.06.
In related news, EVP Nancy Laben sold 15,000 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $55.02, for a total transaction of $825,300.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Christopher Ling sold 13,625 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $53.32, for a total value of $726,485.00. The disclosure for this sale can be found here. Insiders own 3.56% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. American Century Companies Inc. increased its stake in Booz Allen Hamilton by 3.7% during the fourth quarter. American Century Companies Inc. now owns 5,156,636 shares of the business services provider’s stock valued at $232,410,000 after acquiring an additional 185,453 shares during the period. Wells Fargo & Company MN increased its stake in Booz Allen Hamilton by 31.5% during the first quarter. Wells Fargo & Company MN now owns 4,819,100 shares of the business services provider’s stock valued at $280,183,000 after acquiring an additional 1,154,785 shares during the period. JPMorgan Chase & Co. increased its stake in Booz Allen Hamilton by 45.6% during the first quarter. JPMorgan Chase & Co. now owns 3,725,749 shares of the business services provider’s stock valued at $216,615,000 after acquiring an additional 1,166,205 shares during the period. FMR LLC boosted its holdings in Booz Allen Hamilton by 61.8% during the fourth quarter. FMR LLC now owns 3,216,528 shares of the business services provider’s stock valued at $144,968,000 after purchasing an additional 1,228,961 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its holdings in Booz Allen Hamilton by 38.2% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,844,695 shares of the business services provider’s stock valued at $107,250,000 after purchasing an additional 509,575 shares in the last quarter. Hedge funds and other institutional investors own 96.22% of the company’s stock.
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About Booz Allen Hamilton (NYSE:BAH)
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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