Swiss Life Asset Management Ltd trimmed its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 71.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,467 shares of the business services provider’s stock after selling 55,930 shares during the period. Swiss Life Asset Management Ltd’s holdings in Booz Allen Hamilton were worth $1,895,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. KPP Advisory Services LLC grew its stake in shares of Booz Allen Hamilton by 2.5% during the third quarter. KPP Advisory Services LLC now owns 5,119 shares of the business services provider’s stock worth $512,000 after purchasing an additional 123 shares in the last quarter. Johnson Financial Group Inc. grew its stake in shares of Booz Allen Hamilton by 26.1% during the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock worth $60,000 after purchasing an additional 124 shares in the last quarter. Ipsen Advisor Group LLC grew its stake in shares of Booz Allen Hamilton by 3.4% during the third quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock worth $424,000 after purchasing an additional 138 shares in the last quarter. Colonial Trust Co SC grew its stake in shares of Booz Allen Hamilton by 6.1% during the third quarter. Colonial Trust Co SC now owns 2,669 shares of the business services provider’s stock worth $267,000 after purchasing an additional 154 shares in the last quarter. Finally, CI Investments Inc. grew its stake in shares of Booz Allen Hamilton by 4.0% during the third quarter. CI Investments Inc. now owns 4,587 shares of the business services provider’s stock worth $458,000 after purchasing an additional 175 shares in the last quarter. 91.82% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on BAH. UBS Group reiterated a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Citigroup decreased their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a research note on Tuesday, January 27th. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Finally, Truist Financial decreased their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, April 20th. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $93.33.
Booz Allen Hamilton Price Performance
Shares of NYSE:BAH opened at $72.60 on Friday. The company’s fifty day moving average price is $78.81 and its 200 day moving average price is $83.53. Booz Allen Hamilton Holding Corporation has a 12 month low of $68.83 and a 12 month high of $130.91. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market capitalization of $8.75 billion, a P/E ratio of 10.79, a P/E/G ratio of 4.24 and a beta of 0.32.
Booz Allen Hamilton Profile
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.
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