Cabot Wealth Management Inc. lessened its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,341 shares of the business services provider’s stock after selling 1,281 shares during the period. Cabot Wealth Management Inc.’s holdings in Booz Allen Hamilton were worth $3,264,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in BAH. Asset Management One Co. Ltd. grew its position in Booz Allen Hamilton by 10.2% during the first quarter. Asset Management One Co. Ltd. now owns 52,889 shares of the business services provider’s stock valued at $5,531,000 after acquiring an additional 4,905 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Booz Allen Hamilton by 199.0% in the first quarter. Sequoia Financial Advisors LLC now owns 6,362 shares of the business services provider’s stock valued at $665,000 after buying an additional 4,234 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Booz Allen Hamilton by 48.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 389 shares of the business services provider’s stock valued at $41,000 after buying an additional 127 shares in the last quarter. Diversified Trust Co grew its stake in shares of Booz Allen Hamilton by 14.7% in the first quarter. Diversified Trust Co now owns 9,043 shares of the business services provider’s stock valued at $946,000 after buying an additional 1,159 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Booz Allen Hamilton by 1.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,890 shares of the business services provider’s stock valued at $2,620,000 after buying an additional 458 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Trading Down 8.7%
Shares of BAH opened at $91.61 on Friday. The company has a market capitalization of $11.29 billion, a P/E ratio of 13.99, a P/E/G ratio of 1.45 and a beta of 0.42. Booz Allen Hamilton Holding Corporation has a one year low of $88.11 and a one year high of $190.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a 50-day moving average price of $102.75 and a 200 day moving average price of $108.16.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the company. Bank of America lowered Booz Allen Hamilton from a “buy” rating to an “underperform” rating and set a $90.00 target price for the company. in a research note on Friday. Stifel Nicolaus set a $106.00 target price on Booz Allen Hamilton in a research note on Friday. Zacks Research lowered Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Truist Financial set a $90.00 target price on Booz Allen Hamilton in a research note on Friday. Finally, UBS Group set a $119.00 price target on Booz Allen Hamilton and gave the company a “neutral” rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $123.42.
Get Our Latest Report on Booz Allen Hamilton
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.
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