Isthmus Partners LLC grew its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH – Free Report) by 22.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,347 shares of the business services provider’s stock after acquiring an additional 21,487 shares during the quarter. Isthmus Partners LLC’s holdings in Booz Allen Hamilton were worth $9,899,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in Booz Allen Hamilton by 48.6% in the third quarter. AQR Capital Management LLC now owns 3,812,243 shares of the business services provider’s stock worth $377,488,000 after purchasing an additional 1,246,451 shares during the period. Primecap Management Co. CA raised its holdings in shares of Booz Allen Hamilton by 56.6% during the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after purchasing an additional 716,780 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Booz Allen Hamilton by 1,269.7% during the third quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock worth $66,482,000 after purchasing an additional 616,591 shares during the period. Vanguard Group Inc. lifted its position in shares of Booz Allen Hamilton by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,719,306 shares of the business services provider’s stock worth $1,371,245,000 after buying an additional 582,069 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of Booz Allen Hamilton by 410.8% in the 3rd quarter. Two Sigma Investments LP now owns 720,230 shares of the business services provider’s stock worth $71,987,000 after buying an additional 579,222 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
BAH has been the subject of a number of recent research reports. Citigroup lowered their price objective on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Jefferies Financial Group set a $85.00 target price on shares of Booz Allen Hamilton in a report on Monday. 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 note on Monday, January 26th. Wells Fargo & Company began coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Finally, Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Reduce” and a consensus price target of $93.33.
Booz Allen Hamilton Price Performance
Shares of BAH opened at $72.60 on Friday. Booz Allen Hamilton Holding Corporation has a one year low of $68.83 and a one year high of $130.91. The stock’s fifty day moving average is $78.81 and its 200-day moving average is $83.53. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market capitalization of $8.75 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 4.24 and a beta of 0.32.
Booz Allen Hamilton 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.
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