Vanguard Group Inc. Increases Holdings in Booz Allen Hamilton Holding Corporation $BAH

Vanguard Group Inc. grew its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,946,447 shares of the business services provider’s stock after acquiring an additional 227,141 shares during the quarter. Vanguard Group Inc. owned 11.57% of Booz Allen Hamilton worth $1,176,522,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of BAH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Booz Allen Hamilton by 22.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock valued at $2,737,000 after purchasing an additional 4,870 shares during the last quarter. NewEdge Advisors LLC raised its holdings in 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 last quarter. Sivia Capital Partners LLC lifted 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 in the last quarter. EverSource Wealth Advisors LLC lifted 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 in the last quarter. Finally, Cresset Asset Management LLC grew its holdings in shares of Booz Allen Hamilton by 6.2% during the second quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock valued at $339,000 after buying an additional 191 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BAH. Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Citigroup reduced their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. UBS Group restated a “neutral” rating and issued a $97.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Finally, DA Davidson set a $81.00 price target on Booz Allen Hamilton in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $94.17.

Check Out Our Latest Research Report on BAH

Booz Allen Hamilton Price Performance

NYSE BAH opened at $78.34 on Friday. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 4.49 and a beta of 0.32. Booz Allen Hamilton Holding Corporation has a 1-year low of $73.93 and a 1-year high of $130.91. 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 business’s fifty day moving average price is $79.25 and its 200-day moving average price is $85.06.

Booz Allen Hamilton Company Profile

(Free Report)

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.

Further Reading

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