New York State Common Retirement Fund Has $19.32 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

New York State Common Retirement Fund lessened its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 11.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 151,066 shares of the business services provider's stock after selling 20,326 shares during the quarter. New York State Common Retirement Fund owned approximately 0.12% of Booz Allen Hamilton worth $19,323,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. SG Americas Securities LLC grew its holdings in shares of Booz Allen Hamilton by 454.6% during the third quarter. SG Americas Securities LLC now owns 10,154 shares of the business services provider's stock worth $1,110,000 after buying an additional 8,323 shares in the last quarter. Copeland Capital Management LLC boosted its position in shares of Booz Allen Hamilton by 1.1% during the 3rd quarter. Copeland Capital Management LLC now owns 313,470 shares of the business services provider's stock valued at $34,253,000 after acquiring an additional 3,453 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Booz Allen Hamilton by 5.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 27,506 shares of the business services provider's stock valued at $3,006,000 after acquiring an additional 1,402 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at about $9,558,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Booz Allen Hamilton by 21.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 24,650 shares of the business services provider's stock valued at $2,693,000 after acquiring an additional 4,306 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BAH. The Goldman Sachs Group boosted their price target on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a "buy" rating in a research report on Monday, January 29th. Truist Financial upped their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a research report on Monday, January 29th. JPMorgan Chase & Co. upped their target price on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a research report on Tuesday, February 6th. Barclays cut shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 5th. Finally, Jefferies Financial Group upped their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $145.11.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the sale, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the transaction, the chief executive officer now directly owns 557,411 shares in the company, valued at $81,209,208.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The disclosure for this sale can be found here. Insiders own 1.76% of the company's stock.

Booz Allen Hamilton Stock Down 0.1 %

Shares of BAH stock traded down $0.14 during trading hours on Friday, reaching $145.13. 405,627 shares of the stock were exchanged, compared to its average volume of 512,324. The business's fifty day moving average is $145.98 and its two-hundred day moving average is $135.03. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. Booz Allen Hamilton Holding Co. has a 12-month low of $89.80 and a 12-month high of $150.59. The firm has a market capitalization of $18.83 billion, a P/E ratio of 46.82, a P/E/G ratio of 1.96 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, January 26th. The business services provider reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.28. Booz Allen Hamilton had a net margin of 3.96% and a return on equity of 65.31%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.54 billion. During the same period in the prior year, the firm earned $1.07 earnings per share. The business's quarterly revenue was up 12.9% compared to the same quarter last year. As a group, research analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current fiscal year.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.