Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Main Management ETF Advisors LLC

Main Management ETF Advisors LLC reduced its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 8.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,984 shares of the business services provider’s stock after selling 448 shares during the quarter. Main Management ETF Advisors LLC’s holdings in Booz Allen Hamilton were worth $641,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC grew its stake in Booz Allen Hamilton by 17.1% in the 3rd quarter. Barclays PLC now owns 101,365 shares of the business services provider’s stock worth $16,497,000 after acquiring an additional 14,826 shares during the period. Park Avenue Securities LLC lifted its holdings in shares of Booz Allen Hamilton by 18.7% during the 4th quarter. Park Avenue Securities LLC now owns 13,048 shares of the business services provider’s stock worth $1,679,000 after acquiring an additional 2,051 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Booz Allen Hamilton by 87.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,281 shares of the business services provider’s stock worth $165,000 after acquiring an additional 596 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its holdings in Booz Allen Hamilton by 10.9% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 15,635 shares of the business services provider’s stock valued at $2,012,000 after purchasing an additional 1,532 shares during the period. Finally, Empirical Asset Management LLC acquired a new position in Booz Allen Hamilton during the fourth quarter worth approximately $1,900,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BAH shares. Wells Fargo & Company lowered their price objective 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. The Goldman Sachs Group restated 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. JPMorgan Chase & Co. reduced their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 15th. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and an average target price of $146.45.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $123.57 on Thursday. 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 market capitalization of $15.65 billion, a price-to-earnings ratio of 18.42, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The firm’s fifty day moving average price is $113.30 and its 200 day moving average price is $129.51.

About Booz Allen Hamilton

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.