Oregon Public Employees Retirement Fund Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Oregon Public Employees Retirement Fund purchased a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAHFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,200 shares of the business services provider’s stock, valued at approximately $2,042,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Booz Allen Hamilton by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock valued at $1,176,522,000 after buying an additional 227,141 shares during the period. AQR Capital Management LLC increased its stake in shares of Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after buying an additional 1,246,451 shares during the period. First Trust Advisors LP increased its stake in shares of Booz Allen Hamilton by 10.6% in the third quarter. First Trust Advisors LP now owns 3,571,053 shares of the business services provider’s stock valued at $356,927,000 after buying an additional 342,252 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Booz Allen Hamilton by 8.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,545,572 shares of the business services provider’s stock valued at $216,094,000 after buying an additional 199,590 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Booz Allen Hamilton by 14.7% in the second quarter. Bank of America Corp DE now owns 2,297,416 shares of the business services provider’s stock valued at $239,230,000 after buying an additional 293,603 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BAH. Stifel Nicolaus increased their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wells Fargo & Company started coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Finally, Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $93.33.

View Our Latest Stock Analysis on Booz Allen Hamilton

Booz Allen Hamilton Trading Down 1.1%

Shares of BAH stock opened at $72.60 on Friday. The company has a market cap of $8.75 billion, a P/E ratio of 10.79, a PEG ratio of 4.24 and a beta of 0.32. The stock has a 50 day simple moving average of $78.81 and a two-hundred day simple moving average of $83.53. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $68.83 and a fifty-two week high of $130.91.

Booz Allen Hamilton Company Profile

(Free Report)

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

Further Reading

Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.