HB Wealth Management LLC Has $522,000 Position in Booz Allen Hamilton Holding Corporation $BAH

HB Wealth Management LLC lowered its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 66.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,188 shares of the business services provider’s stock after selling 11,991 shares during the period. HB Wealth Management LLC’s holdings in Booz Allen Hamilton were worth $522,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Greenleaf Trust boosted its stake in shares of Booz Allen Hamilton by 5.2% during the 3rd quarter. Greenleaf Trust now owns 2,082 shares of the business services provider’s stock valued at $208,000 after buying an additional 102 shares during the period. West Branch Capital LLC boosted its stake in shares of Booz Allen Hamilton by 58.3% during the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after buying an additional 105 shares during the period. KPP Advisory Services LLC boosted its stake in shares of Booz Allen Hamilton by 2.5% during the 3rd quarter. KPP Advisory Services LLC now owns 5,119 shares of the business services provider’s stock valued at $512,000 after buying an additional 123 shares during the period. Johnson Financial Group Inc. boosted its stake in shares of Booz Allen Hamilton by 26.1% during the 3rd quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after buying an additional 124 shares during the period. Finally, Ipsen Advisor Group LLC boosted its stake in shares of Booz Allen Hamilton by 3.4% during the 3rd quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock valued at $424,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BAH. UBS Group reissued a “neutral” rating and set a $97.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Weiss Ratings lowered shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Finally, Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $94.17.

Booz Allen Hamilton Stock Up 0.1%

BAH stock opened at $76.25 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a 1 year low of $73.93 and a 1 year high of $130.91. The company has a fifty day simple moving average of $79.33 and a 200 day simple moving average of $85.17. The firm has a market cap of $9.20 billion, a PE ratio of 11.33, a PEG ratio of 4.40 and a beta of 0.35.

About Booz Allen Hamilton

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.