Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 260 shares of the business services provider’s stock, valued at approximately $33,000.
A number of other hedge funds have also bought and sold shares of BAH. Bogart Wealth LLC raised its holdings in shares of Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares during the last quarter. OFI Invest Asset Management purchased a new position in shares of Booz Allen Hamilton in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after buying an additional 134 shares during the last quarter. R Squared Ltd purchased a new position in shares of Booz Allen Hamilton in the fourth quarter worth $31,000. Finally, SRS Capital Advisors Inc. raised its holdings in shares of Booz Allen Hamilton by 3,314.3% in the fourth 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 last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on BAH. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a report on Tuesday, February 25th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday, February 3rd. Wells Fargo & Company cut their price objective 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. William Blair lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Finally, Truist Financial cut their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $144.27.
Booz Allen Hamilton Stock Up 0.2%
BAH stock opened at $129.05 on Tuesday. The firm has a market cap of $16.34 billion, a PE ratio of 19.23, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The firm’s fifty day moving average is $114.33 and its 200 day moving average is $127.60. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year 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.
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