Axa S.A. Sells 7,204 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

AXA S.A. lessened its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 15.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,067 shares of the business services provider's stock after selling 7,204 shares during the period. AXA S.A.'s holdings in Booz Allen Hamilton were worth $4,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bogart Wealth LLC increased its position in shares of 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 purchasing an additional 155 shares during the period. OFI Invest Asset Management bought a new position in Booz Allen Hamilton during the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its position in Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after purchasing an additional 134 shares during the last quarter. SRS Capital Advisors Inc. raised its holdings in shares of Booz Allen Hamilton by 3,314.3% in 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 last quarter. Finally, R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth approximately $31,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BAH has been the topic of several analyst reports. JPMorgan Chase & Co. cut their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 15th. Truist Financial reduced their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group reiterated a "neutral" rating and set a $109.00 price objective (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. Wells Fargo & Company dropped their price objective on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. One 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 issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock traded up $0.61 during mid-day trading on Friday, reaching $124.24. The company had a trading volume of 991,077 shares, compared to its average volume of 1,543,886. The business has a fifty day simple moving average of $112.56 and a 200 day simple moving average of $130.24. The company has a market cap of $15.73 billion, a P/E ratio of 18.52, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 2.72. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59.

About Booz Allen Hamilton

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.