Lazard Asset Management LLC Has $99.68 Million Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Lazard Asset Management LLC lifted its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 11.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 774,545 shares of the business services provider's stock after acquiring an additional 82,266 shares during the period. Lazard Asset Management LLC owned approximately 0.61% of Booz Allen Hamilton worth $99,683,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of BAH. Bogart Wealth LLC raised its position in shares of Booz Allen Hamilton by 387.5% in 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 acquired a new position in Booz Allen Hamilton in the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC lifted its position in shares of Booz Allen Hamilton by 144.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after acquiring an additional 134 shares during the period. SRS Capital Advisors Inc. lifted its position in shares of Booz Allen Hamilton by 3,314.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after acquiring an additional 232 shares during the period. Finally, R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth $31,000. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Up 1.0%

Shares of NYSE:BAH traded up $1.23 during midday trading on Friday, hitting $128.90. 2,184,985 shares of the stock were exchanged, compared to its average volume of 1,552,069. The business's 50-day moving average price is $113.60 and its 200 day moving average price is $129.11. 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 debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $16.32 billion, a price-to-earnings ratio of 19.21, a P/E/G ratio of 1.25 and a beta of 0.56.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BAH shares. Truist Financial reduced their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company lowered their price target on Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Raymond James raised Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective on the stock in a research note on Monday, February 3rd. The Goldman Sachs Group reissued a "neutral" rating and set a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. Finally, William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $146.45.

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.