Strs Ohio Trims Holdings in Booz Allen Hamilton Holding Corporation $BAH

Strs Ohio trimmed its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 96.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,866 shares of the business services provider’s stock after selling 80,040 shares during the quarter. Strs Ohio’s holdings in Booz Allen Hamilton were worth $242,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Rakuten Securities Inc. grew its holdings in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after purchasing an additional 199 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in Booz Allen Hamilton by 244.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after buying an additional 205 shares in the last quarter. Activest Wealth Management lifted its holdings in Booz Allen Hamilton by 141.3% during the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after buying an additional 178 shares in the last quarter. Torren Management LLC purchased a new stake in Booz Allen Hamilton in the 4th quarter valued at about $26,000. Finally, Fulcrum Asset Management LLP bought a new position in Booz Allen Hamilton in the 3rd quarter worth about $32,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Down 2.7%

NYSE:BAH opened at $74.97 on Tuesday. Booz Allen Hamilton Holding Corporation has a one year low of $73.93 and a one year high of $130.91. 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 cap of $9.04 billion, a P/E ratio of 11.14, a P/E/G ratio of 4.45 and a beta of 0.32. The firm has a 50-day simple moving average of $79.23 and a 200-day simple moving average of $84.10.

Wall Street Analyst Weigh In

BAH has been the topic of a number of research reports. Truist Financial reduced their target price on shares of 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. Citigroup dropped their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price objective on the stock. 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, Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $93.33.

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.