Bridgefront Capital LLC Acquires Shares of 3,087 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Bridgefront Capital LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,087 shares of the business services provider's stock, valued at approximately $397,000.

A number of other institutional investors also recently modified their holdings of BAH. Barclays PLC raised its holdings in Booz Allen Hamilton by 17.1% in the 3rd quarter. Barclays PLC now owns 101,365 shares of the business services provider's stock worth $16,497,000 after acquiring an additional 14,826 shares during the period. Franklin Resources Inc. increased its stake in shares of Booz Allen Hamilton by 9.1% in the third quarter. Franklin Resources Inc. now owns 87,607 shares of the business services provider's stock worth $14,249,000 after purchasing an additional 7,271 shares during the period. Pensionfund Sabic lifted its position in shares of Booz Allen Hamilton by 10.7% during the 4th quarter. Pensionfund Sabic now owns 8,300 shares of the business services provider's stock worth $1,068,000 after purchasing an additional 800 shares during the last quarter. Diversified Trust Co boosted its stake in Booz Allen Hamilton by 48.3% during the 4th quarter. Diversified Trust Co now owns 7,884 shares of the business services provider's stock valued at $1,015,000 after purchasing an additional 2,566 shares during the period. Finally, Fulton Bank N.A. grew its holdings in Booz Allen Hamilton by 18.3% in the 4th quarter. Fulton Bank N.A. now owns 6,817 shares of the business services provider's stock valued at $877,000 after buying an additional 1,056 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Analyst Ratings Changes

BAH has been the subject of several research reports. The Goldman Sachs Group reissued a "neutral" rating and issued a $109.00 price objective (down from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. JPMorgan Chase & Co. dropped their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. 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. Cantor Fitzgerald upgraded Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, Truist Financial reduced their price objective on 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 analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Price Performance

Shares of BAH traded up $0.61 on Friday, hitting $124.24. The company's stock had a trading volume of 991,077 shares, compared to its average volume of 1,540,918. The company has a 50 day moving average price of $112.56 and a 200 day moving average price of $130.47. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The company has a market capitalization of $15.73 billion, a PE ratio of 18.52, a PEG ratio of 1.25 and a beta of 0.56.

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.