Sherbrooke Park Advisers LLC Makes New $877,000 Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Sherbrooke Park Advisers LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,816 shares of the business services provider’s stock, valued at approximately $877,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC increased its position in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in shares of Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 134 shares during the period. SRS Capital Advisors Inc. increased its stake in 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 buying an additional 232 shares during the period. Finally, R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on BAH. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Truist Financial cut their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group restated a “neutral” rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. Finally, Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $146.45.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $127.80 on Friday. The firm has a market cap of $16.19 billion, a P/E ratio of 19.05, a PEG ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The stock’s 50-day moving average is $113.60 and its two-hundred day moving average is $129.11.

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.