VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 128,500 Shares of Booz Allen Hamilton Holding Corporation $BAH

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 61.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 336,858 shares of the business services provider’s stock after acquiring an additional 128,500 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Booz Allen Hamilton were worth $28,417,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Activest Wealth Management grew its holdings in shares of Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after acquiring an additional 178 shares during the period. Torren Management LLC bought a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $26,000. Rakuten Securities Inc. grew its holdings in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares during the period. Aventura Private Wealth LLC bought a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $27,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Booz Allen Hamilton by 244.0% in the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after acquiring an additional 205 shares during the period. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH opened at $71.51 on Thursday. The stock has a 50-day simple moving average of $79.04 and a two-hundred day simple moving average of $83.74. Booz Allen Hamilton Holding Corporation has a 52-week low of $68.83 and a 52-week high of $130.91. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market capitalization of $8.62 billion, a PE ratio of 10.63, a P/E/G ratio of 4.35 and a beta of 0.32.

Analyst Upgrades and Downgrades

Several analysts recently commented on BAH shares. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. UBS Group reaffirmed a “neutral” rating and issued a $97.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Truist Financial cut their price objective on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a report on Monday, April 20th. Finally, Jefferies Financial Group set a $85.00 price target on Booz Allen Hamilton in a report on Monday. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Reduce” and an average target price of $93.33.

Booz Allen Hamilton Company 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.