Booz Allen Hamilton Holding Corporation (NYSE:BAH) Has Been Downgraded Today by Vertical Research to a “Hold”

June 19, 2017 - By Dolores Ford

 Booz Allen Hamilton Holding Corporation (NYSE:BAH) Has Been Downgraded Today by Vertical Research to a

Investors sentiment increased to 1.82 in Q4 2016. Its up 0.92, from 0.9 in 2016Q3. It increased, as 17 investors sold Booz Allen Hamilton Holding Corporation shares while 71 reduced holdings. 70 funds opened positions while 90 raised stakes. 121.88 million shares or 4.71% less from 127.91 million shares in 2016Q3 were reported.

Nomura Asset stated it has 3,220 shares or 0% of all its holdings. Deutsche Financial Bank Ag stated it has 0.02% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Royal Savings Bank Of Canada holds 0% or 165,440 shares. Ubs Asset Mgmt Americas holds 0% or 88,622 shares. Nationwide Fund Advsrs owns 38,700 shares or 0.01% of their US portfolio. New York State Common Retirement Fund reported 507,831 shares. 5.65M are owned by Alliancebernstein Lp. Price T Rowe Associate Md has 0.05% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Timessquare Management Lc holds 0.99% or 4.10M shares. Adage Prtn Grp Lc owns 1.62 million shares for 0.16% of their portfolio. Verition Fund Ltd holds 0.13% or 40,774 shares. Lord Abbett Ltd Co stated it has 0.35% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Dupont Management invested 0.03% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Qs Lc holds 0% or 4,691 shares in its portfolio. Blackrock Fund Advsr invested 0.01% in Booz Allen Hamilton Holding Corporation (NYSE:BAH).

Since February 8, 2017, it had 0 insider buys, and 5 insider sales for $9.57 million activity. Another trade for 10,000 shares valued at $340,630 was made by ODEEN PHILIP A on Wednesday, February 8. 45,000 shares were sold by HOWELL LLOYD JR, worth $1.76M.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives a Downgrade

In a note issued to clients and investors on 16 June, Vertical Research has decided to cut rating on Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares to a “Hold”. BAH’s prior rating was a “Buy”.

Investors sentiment increased to 1.82 in Q4 2016. Its up 0.92, from 0.9 in 2016Q3. It increased, as 17 investors sold Booz Allen Hamilton Holding Corporation shares while 71 reduced holdings. 70 funds opened positions while 90 raised stakes. 121.88 million shares or 4.71% less from 127.91 million shares in 2016Q3 were reported.

Nomura Asset stated it has 3,220 shares or 0% of all its holdings. Deutsche Financial Bank Ag stated it has 0.02% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Royal Savings Bank Of Canada holds 0% or 165,440 shares. Ubs Asset Mgmt Americas holds 0% or 88,622 shares. Nationwide Fund Advsrs owns 38,700 shares or 0.01% of their US portfolio. New York State Common Retirement Fund reported 507,831 shares. 5.65M are owned by Alliancebernstein Lp. Price T Rowe Associate Md has 0.05% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Timessquare Management Lc holds 0.99% or 4.10M shares. Adage Prtn Grp Lc owns 1.62 million shares for 0.16% of their portfolio. Verition Fund Ltd holds 0.13% or 40,774 shares. Lord Abbett Ltd Co stated it has 0.35% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Dupont Management invested 0.03% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Qs Lc holds 0% or 4,691 shares in its portfolio. Blackrock Fund Advsr invested 0.01% in Booz Allen Hamilton Holding Corporation (NYSE:BAH).

Since February 8, 2017, it had 0 insider buys, and 5 insider sales for $9.57 million activity. Another trade for 10,000 shares valued at $340,630 was made by ODEEN PHILIP A on Wednesday, February 8. 45,000 shares were sold by HOWELL LLOYD JR, worth $1.76M.

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

Among 14 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Booz Allen Hamilton Holding Corporation has $43 highest and $23 lowest target. $34.67’s average target is 8.28% above currents $32.02 stock price. Booz Allen Hamilton Holding Corporation had 24 analyst reports since July 28, 2015 according to SRatingsIntel. On Friday, June 16 the stock rating was downgraded by Drexel Hamilton to “Hold”. The rating was upgraded by Wells Fargo to “Outperform” on Thursday, January 7. On Monday, November 2 the stock rating was downgraded by Bank of America to “Neutral”. On Friday, June 16 the stock rating was downgraded by Vertical Research to “Hold”. Bank of America upgraded the shares of BAH in report on Friday, November 18 to “Buy” rating. The company was maintained on Thursday, October 29 by RBC Capital Markets. Morgan Stanley downgraded the stock to “Underweight” rating in Friday, September 11 report. The company was upgraded on Tuesday, August 4 by Zacks. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, January 28. Barclays Capital downgraded the shares of BAH in report on Monday, May 1 to “Equal Weight” rating.

About 1.39 million shares traded or 0.72% up from the average. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 24.39% since June 19, 2016 and is uptrending. It has outperformed by 7.69% the S&P500.

Booz Allen Hamilton Holding Corporation is a holding company. The company has market cap of $3.84 billion. 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. It has a 19.26 P/E ratio. The Company’s client base includes government, commercial and international clients.

More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Businesswire.com which released: “IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Booz …” on June 16, 2017, also Fool.com with their article: “Why Kroger, Costco Wholesale, and Booz Allen Hamilton Holding Slumped Today” published on June 16, 2017, Businesswire.com published: “SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Booz Allen …” on June 16, 2017. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Seekingalpha.com and their article: “Booz Allen Hamilton Holding’s (BAH) CEO Horacio Rozanski on Q4 2017 Results …” published on May 22, 2017 as well as Reuters.com‘s news article titled: “Booz Allen Hamilton says DOJ investigating its accounting practices” with publication date: June 15, 2017.

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