Leonteq Securities AG Makes New $1.75 Million Investment in Booz Allen Hamilton Holding Corporation $BAH

Leonteq Securities AG acquired a new position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 20,748 shares of the business services provider’s stock, valued at approximately $1,750,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. boosted its holdings 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 worth $26,000 after purchasing an additional 199 shares during the period. Cornerstone Planning Group LLC lifted 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 buying an additional 205 shares during the last quarter. Activest Wealth Management lifted 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 buying an additional 178 shares during the last quarter. Torren Management LLC bought a new stake in Booz Allen Hamilton in the fourth quarter valued at $26,000. Finally, Fulcrum Asset Management LLP bought a new stake in Booz Allen Hamilton in the third quarter valued at $32,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

NYSE BAH opened at $76.44 on Friday. Booz Allen Hamilton Holding Corporation has a 12 month low of $68.83 and a 12 month high of $129.37. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market capitalization of $9.22 billion, a PE ratio of 11.36, a P/E/G ratio of 4.47 and a beta of 0.32. The company’s 50 day simple moving average is $78.52 and its 200 day simple moving average is $83.28.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BAH shares. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a research note on Tuesday, January 27th. Citigroup cut their target price 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. 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 note on Monday, April 20th. Stifel Nicolaus raised 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. Finally, Wells Fargo & Company started coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price on the stock. One equities research 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 data from MarketBeat.com, Booz Allen Hamilton currently has an average rating of “Reduce” and an average target price of $93.33.

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.