Notable Reporting: Today Booz Allen Hamilton Holding Corporation Stock Reaches Record High

Notable Reporting: Today Booz Allen Hamilton Holding Corporation Stock Reaches Record High

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) reached all time high today, Nov, 22 and still has $37.39 target or 3.00% above today’s $36.30 share price. This indicates more upside for the $5.43B company. This technical setup was reported by Barchart.com. If the $37.39 PT is reached, the company will be worth $162.90M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 550,440 shares traded hands. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 27.37% since April 20, 2016 and is uptrending. It has outperformed by 22.81% the S&P500.

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

Out of 9 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 8 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 89% are positive. Booz Allen Hamilton Holding Corporation has been the topic of 15 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was upgraded by Wells Fargo on Thursday, January 7 to “Outperform”. On Thursday, October 6 the stock rating was upgraded by Raymond James to “Outperform”. The stock has “Outperform” rating given by William Blair on Tuesday, December 22. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) has “Buy” rating given on Friday, November 18 by Bank of America. RBC Capital Markets maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Thursday, January 28 with “Outperform” rating. The firm has “Market Perform” rating given on Tuesday, April 12 by Raymond James. The rating was initiated by BB&T Capital with “Buy” on Tuesday, July 28. The stock has “Outperform” rating given by RBC Capital Markets on Thursday, July 30. The rating was initiated by Jefferies on Wednesday, January 20 with “Buy”. As per Monday, November 2, the company rating was downgraded by Bank of America.

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 worsened, 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.
D E Shaw Inc, a New York-based fund reported 209,701 shares. Hbk Limited Partnership last reported 65,200 shares in the company. Pub Employees Retirement Association Of Colorado holds 0% or 3,646 shares in its portfolio. Allianz Asset Ag last reported 0.03% of its portfolio in the stock. Blackrock Gru Limited last reported 0.01% of its portfolio in the stock. Neuberger Berman Grp Limited Liability Company has invested 0% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Moreover, Nicholas Invest L P has 0.25% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 123,983 shares. Palo Inc accumulated 1.1% or 108,208 shares. First Manhattan Com holds 0% or 10,000 shares in its portfolio. Moreover, Rhumbline Advisers has 0.01% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 107,665 shares. Boston Limited Liability Com holds 0.35% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 467,693 shares. Trexquant Inv Ltd Partnership owns 21,300 shares or 0.08% of their US portfolio. Envestnet Asset Mngmt has 0% invested in the company for 29,346 shares. New York State Common Retirement Fund holds 0.02% or 502,055 shares in its portfolio. Moreover, Carlyle Group Ltd Partnership has 8.24% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 15.99 million shares.

Insider Transactions: Since May 25, 2016, the stock had 1 buy, and 6 selling transactions for $371.99 million net activity. MAHAFFEE JOSEPH W sold 60,000 shares worth $1.92M. On Friday, May 27 EXPLORER COINVEST LLC sold $364.13 million worth of the stock or 13.00M shares. Shares for $2.12 million were sold by LOGUE JOSEPH on Wednesday, November 9. 28 Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares with value of $827 were bought by Penfield Susan L. $932,979 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) was sold by Cook Kevin L on Wednesday, May 25.

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 Wsj.com with their article: “Booz Allen Faces More Fallout After NSA Contractor’s Arrest” 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: Forbes.com and their article: “Ex-Dividend Reminder: International Game Technology, Booz Allen Hamilton …” published on August 04, 2016 as well as Investorplace.com‘s news article titled: “Booz Allen Hamilton Holding Corporation (BAH) Stock Falls on NSA Contractor’s …” with publication date: October 06, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment