Cresset Asset Management LLC Has $677,000 Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Cresset Asset Management LLC decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 79.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,262 shares of the business services provider's stock after selling 20,872 shares during the period. Cresset Asset Management LLC's holdings in Booz Allen Hamilton were worth $677,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Moody Aldrich Partners LLC raised its position in shares of Booz Allen Hamilton by 4.7% during the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider's stock valued at $214,000 after acquiring an additional 74 shares during the last quarter. Bleakley Financial Group LLC raised its position in shares of Booz Allen Hamilton by 4.3% during the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider's stock valued at $234,000 after acquiring an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Booz Allen Hamilton by 2.0% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider's stock valued at $535,000 after acquiring an additional 82 shares during the last quarter. M&T Bank Corp raised its position in shares of Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider's stock valued at $1,309,000 after acquiring an additional 88 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised 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 acquiring an additional 90 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on BAH shares. The Goldman Sachs Group reiterated a "neutral" rating and set a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a research report on Friday, April 11th. JPMorgan Chase & Co. lowered their price objective 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. Truist Financial lowered their price objective 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. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lowered their price objective on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $146.45.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $123.72 on Wednesday. The firm has a market cap of $15.67 billion, a PE ratio of 18.44, a PEG 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 1-year low of $101.05 and a 1-year high of $190.59. The company has a fifty day moving average price of $113.16 and a 200 day moving average price of $129.55.

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.

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