KPP Advisory Services LLC Boosts Stake in Booz Allen Hamilton Holding Corporation $BAH

KPP Advisory Services LLC grew its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 20.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,996 shares of the business services provider’s stock after buying an additional 844 shares during the period. KPP Advisory Services LLC’s holdings in Booz Allen Hamilton were worth $520,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BAH. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Booz Allen Hamilton by 22.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 46,929 shares of the business services provider’s stock worth $4,908,000 after buying an additional 8,448 shares during the last quarter. PFG Investments LLC raised its holdings in shares of Booz Allen Hamilton by 28.5% in the first quarter. PFG Investments LLC now owns 2,306 shares of the business services provider’s stock worth $241,000 after buying an additional 511 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in shares of Booz Allen Hamilton in the first quarter worth $383,000. Asset Management One Co. Ltd. raised its holdings in shares of 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 worth $5,531,000 after purchasing an additional 4,905 shares during the last quarter. Finally, Legacy Advisors LLC raised its holdings in shares of Booz Allen Hamilton by 17.1% during the first quarter. Legacy Advisors LLC now owns 2,044 shares of the business services provider’s stock worth $214,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BAH. Weiss Ratings reissued a “hold (c)” rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, July 28th. Zacks Research cut shares of Booz Allen Hamilton from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Cowen cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Friday, October 17th. Finally, William Blair raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Hold” and an average target price of $129.45.

Booz Allen Hamilton Stock Up 1.6%

BAH stock opened at $100.37 on Friday. The firm has a market cap of $12.37 billion, a PE ratio of 12.33, a P/E/G ratio of 1.56 and a beta of 0.42. 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 firm’s fifty day moving average is $103.11 and its 200 day moving average is $108.26. Booz Allen Hamilton Holding Corporation has a one year low of $95.00 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the business earned $1.38 earnings per share. On average, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

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.