Tredje AP fonden Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Tredje AP fonden bought a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,873 shares of the business services provider’s stock, valued at approximately $917,000.

Several other large investors have also recently modified their holdings of the stock. ProShare Advisors LLC bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $410,000. North Dakota State Investment Board bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $361,000. Stephens Inc. AR bought a new position in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $215,000. AlphaCore Capital LLC purchased a new position in Booz Allen Hamilton during the 4th quarter valued at $435,000. Finally, Applied Finance Capital Management LLC boosted its holdings in Booz Allen Hamilton by 43.2% during the 4th quarter. Applied Finance Capital Management LLC now owns 3,576 shares of the business services provider’s stock valued at $302,000 after acquiring an additional 1,079 shares during the period. Institutional investors own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

BAH has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a report on Monday, May 11th. DA Davidson set a $81.00 price objective on Booz Allen Hamilton in a report on Tuesday, January 27th. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Finally, Stifel Nicolaus boosted their price objective on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a report on Monday, January 26th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $93.33.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $77.44 on Thursday. Booz Allen Hamilton Holding Corporation has a twelve month low of $68.83 and a twelve month high of $129.50. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 4.44 and a beta of 0.32. The stock has a fifty day simple moving average of $78.54 and a two-hundred day simple moving average of $83.36. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76.

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.