Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lowered its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 20.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 21,238 shares of the business services provider's stock after selling 5,581 shares during the quarter. Cetera Investment Advisers' holdings in Booz Allen Hamilton were worth $2,733,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. GW&K Investment Management LLC lifted its stake in shares of Booz Allen Hamilton by 0.7% in the 4th quarter. GW&K Investment Management LLC now owns 461,517 shares of the business services provider's stock valued at $59,397,000 after purchasing an additional 3,435 shares during the period. Versor Investments LP bought a new stake in shares of Booz Allen Hamilton in the 4th quarter worth $933,000. FIL Ltd grew its holdings in shares of Booz Allen Hamilton by 63.3% in the fourth quarter. FIL Ltd now owns 153,343 shares of the business services provider's stock worth $19,735,000 after acquiring an additional 59,440 shares during the period. Bridges Investment Management Inc. grew its holdings in shares of Booz Allen Hamilton by 19.2% in the fourth quarter. Bridges Investment Management Inc. now owns 117,661 shares of the business services provider's stock worth $15,143,000 after acquiring an additional 18,930 shares during the period. Finally, Cumberland Partners Ltd lifted its position in Booz Allen Hamilton by 92.2% during the fourth quarter. Cumberland Partners Ltd now owns 99,330 shares of the business services provider's stock valued at $12,784,000 after purchasing an additional 47,655 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on BAH shares. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. 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 report on Friday, April 11th. 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 report on Tuesday, April 15th. Truist Financial cut their target price on Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Finally, UBS Group upped their target price on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $141.70.

Booz Allen Hamilton Stock Up 0.4%

Shares of Booz Allen Hamilton stock traded up $0.53 during trading on Thursday, hitting $128.95. 943,155 shares of the stock were exchanged, compared to its average volume of 1,564,215. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The firm's 50-day moving average price is $115.03 and its 200 day moving average price is $127.62. 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 current ratio of 1.57 and a quick ratio of 1.57.

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.