Stock of the Day: Is Booz Allen Hamilton Holding Corporation a Buy? The Stock Rises Again

Stock of the Day: Is Booz Allen Hamilton Holding Corporation a Buy? The Stock Rises Again

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a huge mover today! About 1.03M shares traded hands. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 23.40% since April 18, 2016 and is uptrending. It has outperformed by 18.97% the S&P500.
The move comes after 6 months positive chart setup for the $5.26B company. It was reported on Nov, 18 by Barchart.com. We have $50.25 PT which if reached, will make NYSE:BAH worth $2.21B more.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Ratings Coverage

Out of 9 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 7 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 78% are positive. Booz Allen Hamilton Holding Corporation has been the topic of 14 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Morgan Stanley downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) rating on Friday, September 11. Morgan Stanley has “Underweight” rating and $23 price target. The firm has “Buy” rating by Jefferies given on Wednesday, January 20. Bank of America downgraded the stock to “Neutral” rating in Monday, November 2 report. The company was upgraded on Thursday, January 7 by Wells Fargo. As per Tuesday, December 22, the company rating was upgraded by William Blair. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) has “Hold” rating given on Tuesday, August 4 by Zacks. As per Thursday, January 28, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, July 30 with “Outperform”. The rating was initiated by BB&T Capital with “Buy” on Tuesday, July 28. The rating was upgraded by Raymond James to “Outperform” on Thursday, October 6.

According to Zacks Investment Research, “Booz Allen Hamilton Inc. is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. Technological services offered by the Company include Cyber technologies, SE&I, Systems development and Strategic technology and innovation. Its major clients include the Department of Defense, all branches of the U.S. military, the U.S. Intelligence Community, and civil agencies such as the Department of Homeland Security, the Department of Energy, the Department of Health and Human Services, the Department of the Treasury and the Environmental Protection Agency. Booz Allen Hamilton Inc. is headquartered in McLean, Virginia, the United States of America.”

Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.74, from 1.64 in 2016Q1. The ratio dropped, as 26 funds sold all Booz Allen Hamilton Holding Corporation shares owned while 54 reduced positions. 33 funds bought stakes while 98 increased positions. They now own 127.62 million shares or 2.61% less from 131.05 million shares in 2016Q1.
Boston Advsr Lc holds 0.35% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 467,693 shares. Congress Asset Ma reported 262,425 shares or 0.18% of all its holdings. Blackrock Fund Advsr last reported 1.11M shares in the company. Engineers Gate Manager L P accumulated 30,197 shares or 0.06% of the stock. First Manhattan Com, a New York-based fund reported 10,000 shares. First Republic Inv Incorporated, a California-based fund reported 107,707 shares. Columbus Circle Invsts accumulated 0.42% or 1.42M shares. Verition Fund Limited Liability Corporation has invested 0.05% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Balyasny Asset Ltd Limited Liability Company holds 0.04% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 220,449 shares. Aperio Grp Inc Lc has 0% invested in the company for 17,894 shares. Trexquant Investment Limited Partnership has invested 0.08% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). The Germany-based Allianz Asset Management Ag has invested 0.03% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). California Pub Employees Retirement Systems reported 158,300 shares or 0.01% of all its holdings. Legal And General Public Ltd Com accumulated 0% or 86,849 shares. Williams Jones Assoc Ltd Company accumulated 0.01% or 10,400 shares.

Insider Transactions: Since May 25, 2016, the stock had 1 buying transaction, and 7 insider sales for $372.92 million net activity. $932,979 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) was sold by Cook Kevin L on Wednesday, May 25. The insider MAHAFFEE JOSEPH W sold 60,000 shares worth $1.92 million. 65,000 shares with value of $2.12M were sold by LOGUE JOSEPH on Wednesday, November 9. Shares for $364.13M were sold by EXPLORER COINVEST LLC. $827 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares were bought by Penfield Susan L.

More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Wsj.com which released: “Booz Allen Hamilton Launches External Security Review in Wake of Harold Martin …” on October 27, 2016, also Zacks.com with their article: “Can The Uptrend Continue for Booz Allen Hamilton Holding (BAH)?” published on November 18, 2016, Wsj.com published: “Booz Allen Faces More Fallout After NSA Contractor’s Arrest” on October 05, 2016. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Wsj.com and their article: “Booz Allen Hamilton Profit, Sales Climb as Backlog Reaches Record” published on May 18, 2016 as well as Forbes.com‘s news article titled: “Ex-Dividend Reminder: International Game Technology, Booz Allen Hamilton …” with publication date: August 04, 2016.

BAH Company Profile

Booz Allen Hamilton Holding Corporation, incorporated on May 12, 2008, is a holding company. The Firm is a well-known provider of management and technology, consulting and engineering services to the United States and international governments, firms and not-for-profit organizations. The Company’s client base includes government, commercial and international clients. The Company’s commercial clients in the United States are primarily in the financial services, healthcare and life sciences, energy, high-technology manufacturing, retail, and automotive industries. The Company’s international clients are primarily in the Middle East, along with a presence in Southeast Asia.

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