Brevan Howard Capital Management LP Has $5.76 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Brevan Howard Capital Management LP grew its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 2,781.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,753 shares of the business services provider's stock after buying an additional 43,200 shares during the period. Brevan Howard Capital Management LP's holdings in Booz Allen Hamilton were worth $5,760,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bogart Wealth LLC raised 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 worth $25,000 after purchasing an additional 155 shares during the period. OFI Invest Asset Management acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in 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 valued at $29,000 after buying an additional 134 shares in the last quarter. SRS Capital Advisors Inc. boosted 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 period. Finally, R Squared Ltd bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

NYSE:BAH traded up $0.61 during mid-day trading on Friday, hitting $124.24. 991,077 shares of the stock were exchanged, compared to its average volume of 1,540,918. 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 firm's 50-day simple moving average is $112.56 and its 200 day simple moving average is $130.47. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Raymond James upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price for the company in a report on Monday, February 3rd. The Goldman Sachs Group restated a "neutral" rating and issued a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. JPMorgan Chase & Co. decreased 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 note on Tuesday, April 15th. Cantor Fitzgerald raised shares of Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. Finally, Truist Financial decreased 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 research report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of "Hold" and a consensus target price 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.