Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 133.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,566 shares of the business services provider’s stock after purchasing an additional 3,758 shares during the period. Blue Trust Inc.’s holdings in Booz Allen Hamilton were worth $845,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BAH. Geode Capital Management LLC boosted its holdings in Booz Allen Hamilton by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after buying an additional 58,038 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after acquiring an additional 285,621 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in shares of Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after acquiring an additional 32,897 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Booz Allen Hamilton by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock worth $139,394,000 after acquiring an additional 9,480 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of Booz Allen Hamilton by 30.2% during the third quarter. Janus Henderson Group PLC now owns 631,703 shares of the business services provider’s stock worth $102,809,000 after purchasing an additional 146,420 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $127.19 on Thursday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market cap of $16.25 billion, a PE ratio of 19.97, a PEG ratio of 1.72 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a twelve month low of $127.01 and a twelve month high of $190.59. The firm’s 50 day moving average price is $136.60 and its 200 day moving average price is $150.98.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BAH shares. Wells Fargo & Company dropped their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. JPMorgan Chase & Co. lowered shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their target price for the company from $180.00 to $190.00 in a report on Monday, November 4th. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Finally, Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $161.78.

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