Natixis Advisors L.P. Sells 9,014 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Natixis Advisors L.P. reduced its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 167,688 shares of the business services provider’s stock after selling 9,014 shares during the quarter. Natixis Advisors L.P. owned approximately 0.13% of Booz Allen Hamilton worth $21,449,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. VisionPoint Advisory Group LLC grew its stake in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 118 shares during the period. Acadian Asset Management LLC bought a new position in Booz Allen Hamilton in the 3rd quarter worth $31,000. BKM Wealth Management LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter worth $40,000. Altshuler Shaham Ltd purchased a new position in Booz Allen Hamilton in the 3rd quarter worth approximately $53,000. Finally, First Financial Corp IN boosted its stake in Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock valued at $60,000 after buying an additional 83 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BAH. Jefferies Financial Group upped their price objective on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Truist Financial boosted their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, January 29th. Wells Fargo & Company increased their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Finally, JPMorgan Chase & Co. lifted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $145.11.

Insider Transactions at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at approximately $3,730,437.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction on Friday, February 9th. The stock was sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the completion of the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The disclosure for this sale can be found here. Corporate insiders own 1.76% of the company’s stock.

Booz Allen Hamilton Trading Up 0.4 %

BAH opened at $147.25 on Monday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The stock’s fifty day moving average is $146.08 and its two-hundred day moving average is $135.78. The company has a market capitalization of $19.11 billion, a P/E ratio of 47.50, a PEG ratio of 1.99 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $150.59.

About Booz Allen Hamilton

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.