Twinbeech Capital LP Makes New $12.48 Million Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Twinbeech Capital LP acquired a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 96,995 shares of the business services provider's stock, valued at approximately $12,483,000. Twinbeech Capital LP owned 0.08% of Booz Allen Hamilton as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BAH. Bogart Wealth LLC grew its holdings in shares of Booz Allen Hamilton by 387.5% during the fourth 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 purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its holdings in shares of Booz Allen Hamilton by 144.1% during the fourth 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. SRS Capital Advisors Inc. grew its holdings in shares of Booz Allen Hamilton by 3,314.3% during the fourth 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. Finally, R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Up 0.2%

Shares of BAH stock opened at $129.05 on Tuesday. The company has a market capitalization of $16.34 billion, a price-to-earnings ratio of 19.23, a PEG 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 company's fifty day moving average price is $114.33 and its 200-day moving average price is $127.60. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BAH. Truist Financial cut their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group reiterated a "neutral" rating and set a $109.00 price target (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating on the stock in a report on Tuesday, April 15th. William Blair cut shares of Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Finally, Wells Fargo & Company dropped their target price on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $144.27.

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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