Leonteq Securities AG Takes Position in Booz Allen Hamilton Holding Corporation $BAH

Leonteq Securities AG acquired a new stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 20,748 shares of the business services provider’s stock, valued at approximately $1,750,000.

A number of other hedge funds also recently made changes to their positions in BAH. AQR Capital Management LLC grew its position in shares of 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 worth $377,488,000 after buying an additional 1,246,451 shares in the last quarter. Primecap Management Co. CA grew its position 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 worth $198,285,000 after buying an additional 716,780 shares in the last quarter. Victory Capital Management Inc. grew its position 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 worth $66,482,000 after buying an additional 616,591 shares in the last quarter. Vanguard Group Inc. grew its position 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 worth $1,371,245,000 after buying an additional 582,069 shares in the last quarter. Finally, Two Sigma Investments LP grew its position 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 worth $71,987,000 after buying an additional 579,222 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research report on Monday, May 11th. Weiss Ratings downgraded shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. DA Davidson set a $81.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus raised their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Reduce” and an average price target of $93.33.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $76.44 on Friday. The company has a market cap of $9.22 billion, a PE ratio of 11.36, a P/E/G ratio of 4.47 and a beta of 0.32. The company has a fifty day moving average price of $78.52 and a two-hundred day moving average price of $83.28. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton Holding Corporation has a 12 month low of $68.83 and a 12 month high of $129.37.

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.