Van ECK Associates Corp Acquires 25,359 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Van ECK Associates Corp grew its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 56.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,914 shares of the business services provider’s stock after acquiring an additional 25,359 shares during the quarter. Van ECK Associates Corp’s holdings in Booz Allen Hamilton were worth $8,943,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Booz Allen Hamilton

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

Shares of NYSE:BAH opened at $147.22 on Friday. Booz Allen Hamilton Holding Co. has a 52-week low of $89.80 and a 52-week high of $150.59. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $19.10 billion, a P/E ratio of 47.49, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. The company has a 50-day simple moving average of $146.08 and a 200 day simple moving average of $135.66.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BAH. Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. Jefferies Financial Group lifted their price target on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group increased their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Finally, Barclays lowered Booz Allen Hamilton from an “equal weight” rating to an “underweight” rating in a report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $145.11.

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