Mitsubishi UFJ Asset Management Co. Ltd. Has $10.94 Million Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 15.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 128,890 shares of the business services provider’s stock after acquiring an additional 17,686 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Booz Allen Hamilton were worth $10,941,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Activest Wealth Management boosted its holdings in Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares during the period. Torren Management LLC bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth approximately $26,000. Rakuten Securities Inc. raised its position 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 valued at $26,000 after buying an additional 199 shares in the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $27,000. Finally, Cornerstone Planning Group LLC boosted its stake 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 valued at $29,000 after buying an additional 205 shares during the period. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $76.97 on Monday. Booz Allen Hamilton Holding Corporation has a 1 year low of $73.93 and a 1 year high of $130.91. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 4.45 and a beta of 0.32. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The company’s 50 day simple moving average is $79.29 and its 200 day simple moving average is $84.46.

Wall Street Analyst Weigh In

BAH has been the topic of a number of recent research reports. Citigroup lowered their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a report on Tuesday, January 27th. Stifel Nicolaus raised their price target on Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. Finally, Wells Fargo & Company assumed coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price objective for the company. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $94.17.

About Booz Allen Hamilton

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.