UBS Group AG Has $67.70 Million Holdings in Booz Allen Hamilton Holding Corporation $BAH
by Doug Wharley · The Cerbat GemUBS Group AG decreased its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 16.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 802,508 shares of the business services provider’s stock after selling 158,067 shares during the period. UBS Group AG’s holdings in Booz Allen Hamilton were worth $67,700,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of BAH. AQR Capital Management LLC lifted its stake in Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock valued at $377,488,000 after buying an additional 1,246,451 shares during the period. Primecap Management Co. CA raised its holdings in shares of Booz Allen Hamilton by 56.6% during the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock valued at $198,285,000 after purchasing an additional 716,780 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Booz Allen Hamilton by 1,269.7% during the third quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock valued at $66,482,000 after purchasing an additional 616,591 shares during the period. Vanguard Group Inc. raised its holdings in shares of Booz Allen Hamilton by 4.4% during the third quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock valued at $1,371,245,000 after purchasing an additional 582,069 shares during the period. Finally, Two Sigma Investments LP raised its holdings in shares of Booz Allen Hamilton by 410.8% during the third quarter. Two Sigma Investments LP now owns 720,230 shares of the business services provider’s stock valued at $71,987,000 after purchasing an additional 579,222 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on BAH. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price on the stock. DA Davidson set a $81.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Citigroup lowered their target price on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Stifel Nicolaus upped their target price on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a report on Monday, January 26th. Finally, William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Reduce” and a consensus target price of $94.17.
View Our Latest Report on Booz Allen Hamilton
Booz Allen Hamilton Trading Down 0.7%
NYSE:BAH opened at $77.76 on Tuesday. Booz Allen Hamilton Holding Corporation has a 52 week low of $73.93 and a 52 week high of $130.91. The firm has a market cap of $9.38 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 4.52 and a beta of 0.32. The firm has a 50-day moving average price of $79.25 and a two-hundred day moving average price of $84.89. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81.
Booz Allen Hamilton Profile
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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