Raiffeisen Bank International AG Purchases New Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Raiffeisen Bank International AG purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,037 shares of the business services provider's stock, valued at approximately $261,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BAH. Bogart Wealth LLC raised its holdings in Booz Allen Hamilton by 387.5% during the 4th 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 during the last quarter. OFI Invest Asset Management bought a new stake in Booz Allen Hamilton during the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC raised its holdings in 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 buying an additional 134 shares during the last quarter. R Squared Ltd bought a new stake in Booz Allen Hamilton during the 4th quarter valued at $31,000. Finally, SRS Capital Advisors Inc. raised its holdings in 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 buying an additional 232 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. The Goldman Sachs Group restated a "neutral" rating and issued a $109.00 price objective (down from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Cantor Fitzgerald upgraded shares of Booz Allen Hamilton to a "strong-buy" rating in a report on Tuesday, February 25th. William Blair lowered shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Truist Financial decreased 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 report on Monday, April 14th. Finally, JPMorgan Chase & Co. decreased 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 report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Stock Up 1.0%

Shares of Booz Allen Hamilton stock opened at $128.90 on Monday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The company has a 50-day moving average of $113.98 and a 200 day moving average of $127.97. The firm has a market cap of $16.32 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 1 year low of $101.05 and a 1 year high of $190.59.

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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