The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a huge mover today! About 4.45M shares traded hands or 614.82% up from the average. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 12.98% since March 2, 2016 and is uptrending. It has outperformed by 4.73% the S&P500.
The move comes after 9 months negative chart setup for the $4.53 billion company. It was reported on Oct, 5 by Barchart.com. We have $28.47 PT which if reached, will make NYSE:BAH worth $271.80 million less.
Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on October, 26. They expect $0.43 EPS, up 10.26% or $0.04 from last year’s $0.39 per share. BAH’s profit will be $64.31 million for 17.61 P/E if the $0.43 EPS becomes a reality. After $0.46 actual EPS reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -6.52% negative EPS growth.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) Ratings Coverage
Out of 9 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 6 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 67% are positive. Booz Allen Hamilton Holding Corporation has been the topic of 13 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) has “Underweight” rating given on Friday, September 11 by Morgan Stanley. As per Thursday, January 7, the company rating was upgraded by Wells Fargo. The firm earned “Outperform” rating on Thursday, July 30 by RBC Capital Markets. The company was maintained on Thursday, January 28 by RBC Capital Markets. Bank of America downgraded the shares of BAH in a report on Monday, November 2 to “Neutral” rating. The firm has “Buy” rating given on Thursday, October 29 by Stifel Nicolaus. The rating was initiated by BB&T Capital on Tuesday, July 28 with “Buy”. Raymond James downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, April 12 to “Market Perform” rating. William Blair upgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, December 22 to “Outperform” rating. As per Tuesday, August 4, the company rating was upgraded by Zacks.
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 increased to 1.64 in 2016 Q2. Its up 0.56, from 1.08 in 2016Q1. The ratio is positive, 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.
Wellington Llp holds 1.63M shares or 0.01% of its portfolio. Moreover, Art Llc has 0.09% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 57,665 shares. Envestnet Asset Mgmt last reported 0% of its portfolio in the stock. Blackrock Institutional Trust Com Na has 0.02% invested in the company for 3.85 million shares. Blackrock Mgmt Limited last reported 45,180 shares in the company. Stevens Capital Mngmt Limited Partnership last reported 84,403 shares in the company. Barclays Public Ltd Liability last reported 47,699 shares in the company. Gerstein Fisher last reported 0.07% of its portfolio in the stock. New York State Common Retirement Fund holds 0.02% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 502,055 shares. Quantbot Technology Lp accumulated 12,709 shares or 0.04% of the stock. Mycio Wealth Prtn Limited Company owns 542 shares or 0% of their US portfolio. Panagora Asset Management holds 0% or 5,400 shares in its portfolio. Grantham Mayo Van Otterloo & Company Limited Company last reported 0.08% of its portfolio in the stock. Nomura Asset Limited accumulated 3,220 shares or 0% of the stock. Independent Portfolio Consultants has 18,720 shares for 0.17% of their US portfolio.
Insider Transactions: Since May 25, 2016, the stock had 1 buy, and 4 selling transactions for $366.96 million net activity. Penfield Susan L had bought 28 shares worth $827 on Thursday, June 30. 16,223 shares were sold by LOGUE JOSEPH, worth $511,025. EXPLORER COINVEST LLC sold $364.13M worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Friday, May 27. Cook Kevin L also sold $932,979 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares.
More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Seekingalpha.com which released: “Booz Allen Hamilton lower after NSA arrest” on October 05, 2016, also Schaeffersresearch.com with their article: “Booz Allen Hamilton Holding Corporation (BAH) Security Scandal Sparks Options …” published on October 05, 2016, Wsj.com published: “Booz Allen Hamilton Profit, Sales Climb as Backlog Reaches Record” on May 18, 2016. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Finance.Yahoo.com and their article: “Booz Allen Hamilton to Host Conference Call to Discuss Second Quarter Fiscal …” published on September 19, 2016 as well as Bloomberg.com‘s news article titled: “NSA Contractor Arrested on Charge He Stole Classified U.S. Data” with publication date: October 05, 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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