BDF Gestion Sells 1,974 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

BDF Gestion trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,185 shares of the business services provider’s stock after selling 1,974 shares during the quarter. BDF Gestion’s holdings in Booz Allen Hamilton were worth $1,954,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BAH. Mackenzie Financial Corp increased its position in Booz Allen Hamilton by 104.7% in the 2nd quarter. Mackenzie Financial Corp now owns 12,654 shares of the business services provider’s stock valued at $1,947,000 after buying an additional 6,471 shares in the last quarter. Algert Global LLC acquired a new position in shares of Booz Allen Hamilton during the second quarter worth approximately $434,000. Creative Planning grew its position in Booz Allen Hamilton by 16.7% in the 2nd quarter. Creative Planning now owns 6,727 shares of the business services provider’s stock valued at $1,035,000 after purchasing an additional 962 shares during the period. Point72 Asset Management L.P. bought a new stake in Booz Allen Hamilton during the 2nd quarter valued at $439,000. Finally, Sanctuary Advisors LLC acquired a new position in Booz Allen Hamilton during the second quarter worth $2,289,000. Institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BAH shares. Barclays raised shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 target price for the company in a research report on Monday, January 6th. UBS Group assumed coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective on the stock. TD Cowen lowered their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price target for the stock from $180.00 to $190.00 in a report on Monday, November 4th. Finally, The Goldman Sachs Group dropped their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $161.78.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $127.19 on Thursday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The business’s 50 day simple moving average is $136.60 and its 200 day simple moving average is $150.98. Booz Allen Hamilton Holding Co. has a 12 month low of $127.01 and a 12 month high of $190.59. The company has a market cap of $16.25 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 1.72 and a beta of 0.55.

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.