Oregon Public Employees Retirement Fund Acquires Shares of 24,200 Booz Allen Hamilton Holding Corporation $BAH

Oregon Public Employees Retirement Fund acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the fourth quarter, Holdings Channel reports. The fund acquired 24,200 shares of the business services provider’s stock, valued at approximately $2,042,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. grew its stake in Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 199 shares during the period. Cornerstone Planning Group LLC grew its stake in Booz Allen Hamilton by 244.0% in the third quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 205 shares during the period. Activest Wealth Management grew its stake in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares during the period. Torren Management LLC acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $26,000. Finally, Fulcrum Asset Management LLP acquired a new stake in Booz Allen Hamilton in the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on BAH shares. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Truist Financial cut their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Stifel Nicolaus lifted their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Finally, DA Davidson set a $81.00 target price on Booz Allen Hamilton in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $93.33.

Booz Allen Hamilton Stock Down 1.1%

Shares of NYSE:BAH opened at $72.60 on Friday. The stock has a market cap of $8.75 billion, a price-to-earnings ratio of 10.79, a PEG ratio of 4.24 and a beta of 0.32. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 12-month low of $68.83 and a 12-month high of $130.91. The business’s 50 day moving average is $78.81 and its 200 day moving average is $83.53.

Booz Allen Hamilton Company 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.