Deutsche Bank AG Has $59.95 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Deutsche Bank AG lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 73.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 465,779 shares of the business services provider’s stock after acquiring an additional 197,733 shares during the quarter. Deutsche Bank AG’s holdings in Booz Allen Hamilton were worth $59,946,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of BAH. GW&K Investment Management LLC boosted its stake in Booz Allen Hamilton by 0.7% in the fourth quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider’s stock worth $59,397,000 after purchasing an additional 3,435 shares in the last quarter. Versor Investments LP bought a new stake in Booz Allen Hamilton during the 4th quarter worth about $933,000. FIL Ltd increased its position in Booz Allen Hamilton by 63.3% in the 4th quarter. FIL Ltd now owns 153,343 shares of the business services provider’s stock valued at $19,735,000 after acquiring an additional 59,440 shares in the last quarter. Bridges Investment Management Inc. increased its position in Booz Allen Hamilton by 19.2% in the 4th quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider’s stock valued at $15,143,000 after acquiring an additional 18,930 shares in the last quarter. Finally, Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 92.2% in the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider’s stock worth $12,784,000 after acquiring an additional 47,655 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BAH has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. William Blair lowered Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. Finally, Truist Financial reduced their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $146.45.

Booz Allen Hamilton Stock Up 0.7%

Shares of NYSE:BAH opened at $124.61 on Tuesday. The company has a 50 day moving average price of $112.85 and a two-hundred day moving average price of $129.59. 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 company has a market capitalization of $15.78 billion, a PE ratio of 18.57, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59.

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.