Aptus Capital Advisors LLC Sells 344 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Aptus Capital Advisors LLC reduced its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,502 shares of the business services provider’s stock after selling 344 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Booz Allen Hamilton were worth $451,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BAH. Mercer Global Advisors Inc. ADV bought a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $434,000. Itau Unibanco Holding S.A. acquired a new position in shares of Booz Allen Hamilton during the fourth quarter valued at about $385,000. Comerica Bank boosted its position in shares of Booz Allen Hamilton by 7.7% during the 4th quarter. Comerica Bank now owns 59,302 shares of the business services provider’s stock worth $7,632,000 after purchasing an additional 4,261 shares in the last quarter. Kapitalo Investimentos Ltda acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at about $243,000. Finally, AQR Capital Management LLC increased its position in Booz Allen Hamilton by 86.6% in the 4th quarter. AQR Capital Management LLC now owns 417,686 shares of the business services provider’s stock valued at $53,756,000 after buying an additional 193,867 shares in the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BAH has been the subject of a number of research reports. Truist Financial reduced their price objective on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a research note on Monday, April 14th. Wells Fargo & Company decreased their price target on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. TD Cowen dropped their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. William Blair downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Finally, JPMorgan Chase & Co. dropped their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $146.45.

Booz Allen Hamilton Stock Performance

BAH stock opened at $123.21 on Thursday. The business has a 50 day moving average of $111.77 and a 200-day moving average of $131.01. The firm has a market cap of $15.60 billion, a PE ratio of 18.36, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72.

Booz Allen Hamilton Company 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.