Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp boosted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 56.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,914 shares of the business services provider's stock after purchasing an additional 25,359 shares during the quarter. Van ECK Associates Corp owned about 0.05% of Booz Allen Hamilton worth $8,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its position in Booz Allen Hamilton by 5.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 27,506 shares of the business services provider's stock worth $3,006,000 after buying an additional 1,402 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Booz Allen Hamilton by 21.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 24,650 shares of the business services provider's stock worth $2,693,000 after purchasing an additional 4,306 shares during the period. Xponance Inc. lifted its stake in Booz Allen Hamilton by 4.9% in the third quarter. Xponance Inc. now owns 19,281 shares of the business services provider's stock worth $2,107,000 after purchasing an additional 896 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in Booz Allen Hamilton by 0.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 28,651 shares of the business services provider's stock valued at $3,131,000 after buying an additional 124 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in Booz Allen Hamilton by 4.2% during the third quarter. Stratos Wealth Partners LTD. now owns 23,655 shares of the business services provider's stock valued at $2,585,000 after buying an additional 948 shares during the period. 91.82% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the firm'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 completion of the transaction, the chief financial officer now owns 25,462 shares of the company's stock, valued at $3,730,437.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the business's stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now directly owns 25,462 shares of the company's stock, valued at $3,730,437.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of the firm's stock in a transaction 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 owns 557,411 shares of the company's stock, valued at $81,209,208.59. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Up 0.4 %

Shares of BAH stock traded up $0.55 during midday trading on Friday, reaching $147.25. 797,047 shares of the stock were exchanged, compared to its average volume of 572,444. The firm has a market cap of $19.11 billion, a PE ratio of 47.50, a price-to-earnings-growth ratio of 1.98 and a beta of 0.53. 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 company's 50 day moving average is $146.08 and its two-hundred day moving average is $135.71. Booz Allen Hamilton Holding Co. has a 1 year low of $89.80 and a 1 year high of $150.59.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BAH. JPMorgan Chase & Co. increased their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, February 6th. Wells Fargo & Company lifted their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 30th. The Goldman Sachs Group increased 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 boosted their price objective 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. Finally, Barclays lowered shares of Booz Allen Hamilton from an "equal weight" rating to an "underweight" rating in a report on Friday, January 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Booz Allen Hamilton currently has an average rating of "Hold" and a consensus price target of $145.11.

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