Could Booz Allen Hamilton Holding Corporation (BAH) Change Direction After Achieving Record High?

May 16, 2018 - By Michael Collier

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Logo

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.62, from 0.76 in 2017Q3. It is positive, as 20 investors sold Booz Allen Hamilton Holding Corporation shares while 70 reduced holdings. 50 funds opened positions while 74 raised stakes. 125.54 million shares or 0.11% more from 125.40 million shares in 2017Q3 were reported.
Cornerstone Limited Liability Com accumulated 0.05% or 190,015 shares. Assetmark reported 0% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Public Employees Retirement System Of Ohio reported 0.04% stake. Black Creek Investment Inc has 7.67% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). California State Teachers Retirement Systems invested 0.02% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Hollencrest Capital Mgmt invested in 0.03% or 6,085 shares. San Francisco Sentry Invest Grp (Ca), a California-based fund reported 92 shares. Gam Hldg Ag owns 48,110 shares for 0.06% of their portfolio. Sit Inv Assoc invested 0.11% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Cadence Cap Management Ltd reported 0.08% stake. Bancshares Of Montreal Can has invested 0% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Moreover, Los Angeles Mgmt Equity Rech Inc has 0.1% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Bank & Trust Of America Corporation De accumulated 0% or 733,822 shares. Ftb Advsr Inc owns 683 shares. Nuveen Asset Mngmt Limited Liability reported 283,256 shares.

Since January 9, 2018, it had 0 buys, and 12 selling transactions for $17.47 million activity. $40,007 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares were sold by Barnes Melody C. Another trade for 30,000 shares valued at $1.15 million was sold by SHRADER RALPH W. Messer Angela M. also sold $39 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, February 27. Shares for $1.44 million were sold by ROZANSKI HORACIO. $1.86 million worth of stock was sold by Dahut Karen M on Tuesday, January 16.

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) reached all time high today, May, 16 and still has $44.97 target or 9.00 % above today’s $41.26 share price. This indicates more upside for the $5.99B company. This technical setup was reported by Barchart.com. If the $44.97 PT is reached, the company will be worth $538.65 million 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.

The stock increased 0.71% or $0.29 during the last trading session, reaching $41.26. About 453,150 shares traded. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 6.55% since May 16, 2017 and is uptrending. It has underperformed by 5.00% the S&P500.

Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on May, 29 before the open. They expect $0.45 earnings per share, 0.00 % or $0.00 from last year’s $0.45 per share. BAH’s profit will be $65.28 million for 22.92 P/E if the $0.45 EPS becomes a reality. After $0.48 actual earnings per share reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -6.25 % negative EPS growth.

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

Among 4 analysts covering Booz Allen Hamilton Hldg (NYSE:BAH), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Booz Allen Hamilton Hldg had 5 analyst reports since November 21, 2017 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Tuesday, April 10. Stifel Nicolaus maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Monday, January 8 with “Buy” rating. SunTrust initiated the shares of BAH in report on Friday, December 1 with “Buy” rating. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) earned “Buy” rating by Suntrust Robinson on Friday, December 1.

More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Digitaljournal.com which released: “Lawsuit Filed for Investors Who Sold Booz Allen Hamilton Holding Corporation (NYSE:BAH) Shares in to the Carlyle …” on May 01, 2018, also Investorplace.com with their article: “4 Business Services Stocks Poised to Beat Earnings Estimates” published on May 14, 2018, Businesswire.com published: “Booz Allen Hamilton Appoints Nicholas Veasey Director of Investor Relations” on May 10, 2018. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Bizjournals.com and their article: “Report: Dean & DeLuca not opening in downtown Bethesda” published on May 14, 2018 as well as Businesswire.com‘s news article titled: “Nearly 18000 Competitors Convene in Fourth Data Science Bowl, Using AI To Accelerate Life-Saving Medical Research” with publication date: May 08, 2018.

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, firms, and not-for-profit organizations in the United States and internationally. The company has market cap of $5.99 billion. The firm offers consulting solutions for various domains, business strategies, human capital, and operations. It has a 21.62 P/E ratio. It also provides analytics services, which focuses on delivering transformational solutions in the areas of decision analytics, including activities research and cost estimation; intelligence analysis, which include source analysis; and tradecraft, data science, and machine intelligence.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Institutional Positions Chart

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