Graham Capital Management L.P. Takes $643,000 Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Graham Capital Management L.P. bought a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 4,998 shares of the business services provider’s stock, valued at approximately $643,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of Booz Allen Hamilton by 12.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider’s stock valued at $581,516,000 after buying an additional 501,725 shares during the last quarter. First Trust Advisors LP raised its position in shares of Booz Allen Hamilton by 15.3% during the 4th quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider’s stock valued at $360,957,000 after acquiring an additional 371,390 shares in the last quarter. Bank of America Corp DE raised its position in shares of Booz Allen Hamilton by 61.4% during the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider’s stock valued at $199,770,000 after acquiring an additional 590,655 shares in the last quarter. Norges Bank acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $196,578,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at approximately $173,055,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BAH has been the topic of several research reports. Raymond James raised 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. JPMorgan Chase & Co. dropped 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. Truist Financial dropped 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 cut Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Finally, Cantor Fitzgerald upgraded Booz Allen Hamilton to a “strong-buy” rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $146.45.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $123.57 on Thursday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The firm’s 50-day simple moving average is $113.30 and its 200 day simple moving average is $129.51. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The stock has a market cap of $15.65 billion, a P/E ratio of 18.42, a P/E/G ratio of 1.25 and a beta of 0.56.

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.