Benjamin F. Edwards & Company Inc. Grows Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Benjamin F. Edwards & Company Inc. increased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 838.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,897 shares of the business services provider's stock after purchasing an additional 15,989 shares during the quarter. Benjamin F. Edwards & Company Inc.'s holdings in Booz Allen Hamilton were worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC grew its position in shares of Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider's stock worth $30,000 after buying an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Booz Allen Hamilton in the third quarter worth $31,000. BKM Wealth Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter worth $40,000. Altshuler Shaham Ltd acquired a new position in Booz Allen Hamilton in the third quarter worth $53,000. Finally, First Financial Corp IN boosted its holdings in Booz Allen Hamilton by 21.3% in the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider's stock worth $60,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 91.82% of the company's stock.

Insider Buying and Selling

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

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a "hold" rating in a report on Monday, January 29th. Wells Fargo & Company lifted their price objective on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. boosted their price target on shares of Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 6th. Jefferies Financial Group boosted their price target on shares of 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, The Goldman Sachs Group lifted their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a "buy" rating in a research note on Monday, January 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $145.11.

Booz Allen Hamilton Stock Performance

Shares of BAH traded up $0.55 during mid-day trading on Friday, hitting $147.25. The company's stock had a trading volume of 797,047 shares, compared to its average volume of 572,444. The firm has a market capitalization of $19.11 billion, a PE ratio of 47.50, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $150.59. The stock's 50-day moving average is $146.08 and its two-hundred day moving average is $135.78. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

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