New York State Teachers Retirement System Increases Stock Position in Booz Allen Hamilton Holding Corporation $BAH

New York State Teachers Retirement System grew its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 439.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,515 shares of the business services provider’s stock after acquiring an additional 50,104 shares during the quarter. New York State Teachers Retirement System’s holdings in Booz Allen Hamilton were worth $5,189,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Booz Allen Hamilton by 22.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after acquiring an additional 4,870 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Booz Allen Hamilton by 365.0% in the first quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after buying an additional 9,223 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Booz Allen Hamilton by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after buying an additional 1,559 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Booz Allen Hamilton by 132.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,429 shares of the business services provider’s stock worth $149,000 after buying an additional 815 shares during the period. Finally, Cresset Asset Management LLC increased its stake in shares of Booz Allen Hamilton by 6.2% in the second quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock worth $339,000 after buying an additional 191 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BAH. UBS Group reaffirmed a “neutral” rating and issued a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. DA Davidson set a $81.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price on the stock. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Finally, Weiss Ratings cut shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $94.17.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $76.36 on Thursday. Booz Allen Hamilton Holding Corporation has a 12 month low of $73.93 and a 12 month high of $130.91. The stock has a market cap of $9.21 billion, a PE ratio of 11.35, a price-to-earnings-growth ratio of 4.40 and a beta of 0.32. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. The company’s fifty day moving average price is $79.27 and its 200-day moving average price is $84.61.

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.