Focus Partners Wealth Has $5.60 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Focus Partners Wealth increased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,494 shares of the business services provider’s stock after purchasing an additional 1,876 shares during the quarter. Focus Partners Wealth’s holdings in Booz Allen Hamilton were worth $5,599,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC increased its position in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC increased its position in shares of Booz Allen Hamilton by 144.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after purchasing an additional 134 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. William Blair cut shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Truist Financial dropped their price objective on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a report on Monday, April 14th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Monday, February 3rd. Finally, Wells Fargo & Company cut their price objective on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $146.45.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $123.57 on Thursday. The stock has a market cap of $15.65 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 1.25 and a beta of 0.56. 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 business has a 50-day simple moving average of $113.30 and a two-hundred day simple moving average of $129.51. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59.

Booz Allen Hamilton 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.