Algert Global LLC Buys Shares of 30,882 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Algert Global LLC purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,882 shares of the business services provider's stock, valued at approximately $3,975,000.

Other institutional investors have also bought and sold shares of the company. Moody Aldrich Partners LLC increased its holdings in shares of Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock worth $214,000 after buying an additional 74 shares during the last quarter. Bleakley Financial Group LLC raised its position in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock valued at $234,000 after purchasing an additional 75 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock worth $535,000 after purchasing an additional 82 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Booz Allen Hamilton by 0.9% in the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock worth $1,309,000 after purchasing an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC increased its position in shares of Booz Allen Hamilton by 0.5% during the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider's stock valued at $2,134,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Up 0.5 %

Shares of NYSE BAH traded up $0.61 during trading on Friday, reaching $124.24. The company had a trading volume of 991,077 shares, compared to its average volume of 1,540,918. Booz Allen Hamilton Holding Co. has a 12-month low of $101.05 and a 12-month high of $190.59. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The business's 50-day moving average is $112.56 and its 200 day moving average is $130.47. The stock has a market cap of $15.73 billion, a PE ratio of 18.52, a P/E/G ratio of 1.25 and a beta of 0.56.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BAH. Truist Financial reduced their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company decreased their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Booz Allen Hamilton has an average rating of "Hold" and an average price target of $146.45.

Booz Allen Hamilton 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.