Strategic Global Advisors LLC Invests $429,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Strategic Global Advisors LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,332 shares of the business services provider's stock, valued at approximately $429,000.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of Booz Allen Hamilton by 12.5% in the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after buying an additional 501,725 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Booz Allen Hamilton by 15.3% during the fourth quarter. First Trust Advisors LP now owns 2,804,642 shares of the business services provider's stock worth $360,957,000 after purchasing an additional 371,390 shares in the last quarter. Janus Henderson Group PLC raised its position in Booz Allen Hamilton by 179.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after purchasing an additional 1,135,426 shares during the last quarter. Bank of America Corp DE raised its position in Booz Allen Hamilton by 61.4% in the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock worth $199,770,000 after purchasing an additional 590,655 shares during the last quarter. Finally, Norges Bank acquired a new position in Booz Allen Hamilton during the 4th quarter worth $196,578,000. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 0.4%

Shares of NYSE:BAH traded up $0.56 during midday trading on Thursday, hitting $128.98. 1,818,351 shares of the stock were exchanged, compared to its average volume of 1,567,475. The business'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 quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $16.33 billion, a price-to-earnings ratio of 19.22, a P/E/G ratio of 1.25 and a beta of 0.56.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. UBS Group raised their price target on Booz Allen Hamilton from $120.00 to $135.00 and gave the company a "neutral" rating in a report on Monday. Truist Financial dropped their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Raymond James upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a 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 equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $141.70.

About Booz Allen Hamilton

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.