Is Buying 52-Week Stock Like Booz Allen Hamilton Holding Corporation (BAH) a Winning Strategy?

May 18, 2018 - By Marguerite Chambers

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Logo

Investors sentiment increased to 1.38 in Q4 2017. 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.
Raymond James Fin Ser Advisors stated it has 0% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). State Board Of Administration Of Florida Retirement invested in 127,180 shares. Tci Wealth Advsr holds 0% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 47 shares. Macquarie Grp Incorporated Ltd holds 0.01% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 156,152 shares. Tiaa Cref Ltd Liability Company has invested 0.03% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Ledyard Bancshares holds 187 shares. Blackrock owns 6.63M shares for 0.01% of their portfolio. Mai Cap Mgmt holds 5,775 shares. 41,823 were accumulated by Susquehanna Grp Llp. Envestnet Asset owns 45,231 shares for 0% of their portfolio. Moreover, Federated Pa has 0% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Metropolitan Life Ins Ny holds 0.01% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 10,245 shares. Vanguard Grp Inc Inc stated it has 14.65 million shares or 0.02% of all its holdings. Amalgamated State Bank has 28,415 shares for 0.03% of their portfolio. Prudential Financial has invested 0.06% in Booz Allen Hamilton Holding Corporation (NYSE:BAH).

Since January 9, 2018, it had 0 insider buys, and 12 selling transactions for $17.47 million activity. ROZANSKI HORACIO sold $1.44 million worth of stock or 35,870 shares. Shares for $39 were sold by Messer Angela M.. $7.78M worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) was sold by SHRADER RALPH W on Monday, March 19. $40,007 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) was sold by Barnes Melody C. Another trade for 46,406 shares valued at $1.86M was sold by Dahut Karen M.

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) hit a new 52-week high and has $44.65 target or 8.00 % above today’s $41.34 share price. The 7 months bullish chart indicates low risk for the $6.00 billion company. The 1-year high was reported on May, 18 by Barchart.com. If the $44.65 price target is reached, the company will be worth $479.76M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.34% or $0.14 during the last trading session, reaching $41.34. About 64,225 shares traded. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 6.55% since May 18, 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 $65.28M for 22.97 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 has $50.0 highest and $41 lowest target. $46.25’s average target is 11.88% above currents $41.34 stock price. Booz Allen Hamilton Hldg had 5 analyst reports since November 21, 2017 according to SRatingsIntel. SunTrust initiated Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Friday, December 1 with “Buy” rating. The company was maintained on Tuesday, April 10 by Citigroup. The firm has “Buy” rating given on Friday, December 1 by Suntrust Robinson. Stifel Nicolaus maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) rating on Monday, January 8. Stifel Nicolaus has “Buy” rating and $50.0 target.

More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Bizjournals.com which released: “Report: Dean & DeLuca not opening in downtown Bethesda” on May 14, 2018, also Investorplace.com with their article: “4 Business Services Stocks Poised to Beat Earnings Estimates” published on May 14, 2018, Bizjournals.com published: “What will Engility’s private equity owners do next as lock-up period ends?” on May 09, 2018. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Bizjournals.com and their article: “Why Google’s Pentagon mutiny should worry government contractors” published on May 11, 2018 as well as Businesswire.com‘s news article titled: “Booz Allen Hamilton Appoints Nicholas Veasey Director of Investor Relations” with publication date: May 10, 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 $6.00 billion. The firm offers consulting solutions for various domains, business strategies, human capital, and operations. It has a 21.67 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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