Baird Financial Group Inc. Has $2.73 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Baird Financial Group Inc. raised its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 21,234 shares of the business services provider’s stock after purchasing an additional 558 shares during the period. Baird Financial Group Inc.’s holdings in Booz Allen Hamilton were worth $2,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of BAH. Norges Bank acquired a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $196,578,000. Raymond James Financial Inc. acquired a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $173,055,000. Bank of America Corp DE raised its holdings in shares of Booz Allen Hamilton by 61.4% in the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider’s stock worth $199,770,000 after buying an additional 590,655 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Booz Allen Hamilton by 1,111.3% in the 4th quarter. Renaissance Technologies LLC now owns 606,794 shares of the business services provider’s stock worth $78,094,000 after buying an additional 556,700 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Booz Allen Hamilton by 12.5% in the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock worth $581,516,000 after buying an additional 501,725 shares in the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BAH. The Goldman Sachs Group reissued a “neutral” rating and issued a $109.00 target price (down from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Truist Financial decreased their price target on Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a research report on Monday, April 14th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Raymond James upgraded Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on 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 equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $146.45.

Booz Allen Hamilton Stock Up 0.5%

Shares of BAH opened at $124.24 on Monday. The firm has a market capitalization of $15.73 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The business’s fifty day moving average price is $112.56 and its two-hundred day moving average price is $129.99. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59.

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.