Russell Investments Group Ltd. Has $22.07 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Russell Investments Group Ltd. lessened its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 26.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 172,615 shares of the business services provider's stock after selling 63,677 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.13% of Booz Allen Hamilton worth $22,071,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Booz Allen Hamilton by 64.1% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider's stock valued at $217,676,000 after buying an additional 778,437 shares during the period. Ameriprise Financial Inc. boosted its stake in Booz Allen Hamilton by 19.3% in the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider's stock valued at $497,084,000 after acquiring an additional 736,404 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Booz Allen Hamilton by 30.1% during the third quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider's stock valued at $324,341,000 after purchasing an additional 686,318 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Booz Allen Hamilton by 891.7% during the third quarter. Qube Research & Technologies Ltd now owns 288,103 shares of the business services provider's stock valued at $31,481,000 after purchasing an additional 259,053 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Booz Allen Hamilton by 4.2% in the 3rd quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider's stock worth $538,108,000 after purchasing an additional 199,449 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BAH shares. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 30th. Truist Financial lifted their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a "hold" rating in a report on Monday, January 29th. Barclays lowered Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a report on Friday, January 5th. Jefferies Financial Group boosted their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. raised their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $145.11.

Booz Allen Hamilton Price Performance

NYSE:BAH traded down $0.63 during mid-day trading on Thursday, reaching $146.70. 698,673 shares of the stock were exchanged, compared to its average volume of 616,196. Booz Allen Hamilton Holding Co. has a 1-year low of $89.80 and a 1-year high of $150.59. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10. The firm has a market capitalization of $19.03 billion, a PE ratio of 47.32, a PEG ratio of 2.00 and a beta of 0.53. The business has a fifty day moving average price of $146.11 and a 200 day moving average price of $135.53.

Insider Transactions at Booz Allen Hamilton

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

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.