Booz Allen Hamilton Holding Co. (NYSE:BAH) Holdings Lifted by Baird Financial Group Inc.

Baird Financial Group Inc. increased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,234 shares of the business services provider’s stock after buying an additional 558 shares during the quarter. Baird Financial Group Inc.’s holdings in Booz Allen Hamilton were worth $2,733,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GW&K Investment Management LLC grew its stake in Booz Allen Hamilton by 0.7% in the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock valued at $59,397,000 after purchasing an additional 3,435 shares in the last quarter. Versor Investments LP purchased a new position in Booz Allen Hamilton in the fourth quarter valued at about $933,000. FIL Ltd grew its stake in Booz Allen Hamilton by 63.3% in the fourth quarter. FIL Ltd now owns 153,343 shares of the business services provider’s stock valued at $19,735,000 after purchasing an additional 59,440 shares in the last quarter. Bridges Investment Management Inc. lifted its position in shares of Booz Allen Hamilton by 19.2% in the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock worth $15,143,000 after buying an additional 18,930 shares during the last quarter. Finally, Cumberland Partners Ltd lifted its position in shares of Booz Allen Hamilton by 92.2% in the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after buying an additional 47,655 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $124.24 on Monday. The business has a 50 day moving average price of $112.56 and a 200 day moving average price of $129.99. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The company has a market cap of $15.73 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a twelve month low of $101.05 and a twelve month high of $190.59.

Analyst Ratings Changes

A number of brokerages have weighed in on BAH. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating for the company in a research report on Tuesday, April 15th. Truist Financial reduced their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a research report on Monday, April 14th. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Finally, Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $146.45.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.