Strs Ohio Cuts Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Strs Ohio lessened its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 96.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,866 shares of the business services provider’s stock after selling 80,040 shares during the period. Strs Ohio’s holdings in Booz Allen Hamilton were worth $242,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC lifted its position in Booz Allen Hamilton by 48.6% during 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 purchasing an additional 1,246,451 shares during the last quarter. Primecap Management Co. CA increased its holdings in shares of Booz Allen Hamilton by 56.6% in the 3rd quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after buying an additional 716,780 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Booz Allen Hamilton by 1,269.7% during the 3rd quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock valued at $66,482,000 after buying an additional 616,591 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Booz Allen Hamilton by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock valued at $1,371,245,000 after acquiring an additional 582,069 shares during the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of Booz Allen Hamilton by 410.8% in the 3rd quarter. Two Sigma Investments LP now owns 720,230 shares of the business services provider’s stock valued at $71,987,000 after acquiring an additional 579,222 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $74.97 on Tuesday. 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 firm has a market capitalization of $9.04 billion, a P/E ratio of 11.14, a price-to-earnings-growth ratio of 4.45 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’s 50-day moving average is $79.23 and its 200 day moving average is $84.10.

Analyst Ratings Changes

BAH has been the topic of several analyst reports. UBS Group reissued a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a research note on Monday. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Truist Financial cut their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Finally, Citigroup lowered their price target on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. One equities 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. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $93.33.

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.