State of Wyoming Buys 2,213 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

State of Wyoming lifted its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 357.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,832 shares of the business services provider's stock after acquiring an additional 2,213 shares during the quarter. State of Wyoming's holdings in Booz Allen Hamilton were worth $364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $196,578,000. Raymond James Financial Inc. bought a new position in Booz Allen Hamilton in the fourth quarter valued at about $173,055,000. Janus Henderson Group PLC grew its position in Booz Allen Hamilton by 179.7% in the fourth quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock valued at $227,425,000 after acquiring an additional 1,135,426 shares during the last quarter. Man Group plc grew its position in Booz Allen Hamilton by 2,293.2% in the fourth quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock valued at $145,224,000 after acquiring an additional 1,081,239 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Booz Allen Hamilton by 61.4% in the fourth quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock valued at $199,770,000 after acquiring an additional 590,655 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Truist Financial decreased 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. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research note on Friday. The Goldman Sachs Group reissued a "neutral" rating and set a $109.00 price target (down from $150.00) on shares of Booz Allen Hamilton in a research note on Friday, April 11th. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $140.40.

Booz Allen Hamilton Stock Up 0.8%

Shares of NYSE BAH traded up $0.85 during midday trading on Tuesday, hitting $108.64. 732,989 shares of the stock traded hands, compared to its average volume of 1,603,376. The company has a market cap of $13.76 billion, a PE ratio of 16.11, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The business has a 50 day moving average price of $115.06 and a two-hundred day moving average price of $125.48. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the prior year, the company posted $1.33 earnings per share. Booz Allen Hamilton's revenue was up 7.3% compared to the same quarter last year. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

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.