Bayesian Capital Management LP Purchases New Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bayesian Capital Management LP purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,000 shares of the business services provider's stock, valued at approximately $1,544,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bogart Wealth LLC lifted its stake in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its position in shares of Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after buying an additional 134 shares during the period. R Squared Ltd purchased a new position in shares of Booz Allen Hamilton during the fourth quarter valued at $31,000. Finally, SRS Capital Advisors Inc. raised its position in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after buying an additional 232 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock traded down $0.14 during trading on Wednesday, reaching $123.21. The company's stock had a trading volume of 1,151,045 shares, compared to its average volume of 1,540,414. The business's fifty day moving average price is $111.77 and its 200-day moving average price is $131.01. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The firm has a market cap of $15.60 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. TD Cowen cut their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price for the company in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $146.45.

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.