Booz Allen Hamilton (NYSE:BAH – Get Rating) had its target price raised by Wells Fargo & Company from $109.00 to $110.00 in a research report released on Wednesday morning, Benzinga reports. The firm currently has an overweight rating on the business services provider's stock.

A number of other equities research analysts have also issued reports on BAH. Raymond James lowered shares of Booz Allen Hamilton from an outperform rating to a market perform rating and set a $99.00 target price on the stock. in a report on Wednesday, October 19th. Morgan Stanley increased their target price on shares of Booz Allen Hamilton from $110.00 to $118.00 and gave the stock an overweight rating in a report on Tuesday, January 3rd. StockNews.com lowered shares of Booz Allen Hamilton from a buy rating to a hold rating in a report on Monday, January 30th. Finally, Truist Financial raised their price objective on shares of Booz Allen Hamilton from $100.00 to $106.00 and gave the company a hold rating in a report on Monday, October 31st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of Moderate Buy and a consensus price target of $102.90.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $96.84 on Wednesday. The firm's 50 day moving average price is $101.13 and its 200-day moving average price is $99.64. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.81 and a current ratio of 1.44. Booz Allen Hamilton has a one year low of $69.68 and a one year high of $112.55. The firm has a market cap of $12.81 billion, a P/E ratio of 30.07, a P/E/G ratio of 2.45 and a beta of 0.61.

Booz Allen Hamilton Increases Dividend

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. grew its position in shares of Booz Allen Hamilton by 854.8% in the 3rd quarter. Bessemer Group Inc. now owns 296 shares of the business services provider's stock valued at $27,000 after buying an additional 265 shares during the last quarter. First Horizon Advisors Inc. grew its position in Booz Allen Hamilton by 73.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 346 shares of the business services provider's stock worth $30,000 after purchasing an additional 147 shares during the last quarter. SeaCrest Wealth Management LLC purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $30,000. Private Trust Co. NA purchased a new position in Booz Allen Hamilton during the 2nd quarter worth $37,000. Finally, Wipfli Financial Advisors LLC purchased a new position in Booz Allen Hamilton during the 3rd quarter worth $44,000. 90.68% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Company Profile

(Get Rating)

Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.

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