Northwest Financial Advisors Acquires New Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Northwest Financial Advisors purchased a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,951 shares of the business services provider's stock, valued at approximately $1,145,000. Booz Allen Hamilton comprises about 1.0% of Northwest Financial Advisors' holdings, making the stock its 17th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the business. VisionPoint Advisory Group LLC grew its stake in shares of Booz Allen Hamilton by 75.6% in the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider's stock worth $30,000 after acquiring an additional 118 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter worth about $31,000. Smithfield Trust Co raised its position in shares of Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider's stock worth $34,000 after acquiring an additional 121 shares in the last quarter. BKM Wealth Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $40,000. Finally, Altshuler Shaham Ltd acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $53,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH traded up $1.72 during trading on Friday, hitting $156.06. 802,031 shares of the stock were exchanged, compared to its average volume of 685,796. The company has a fifty day moving average price of $146.64 and a two-hundred day moving average price of $136.79. The company has a market cap of $20.25 billion, a PE ratio of 50.34, a P/E/G ratio of 2.09 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 12-month low of $89.80 and a 12-month high of $156.14. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 3.10.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BAH shares. JPMorgan Chase & Co. boosted their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a research note on Tuesday, February 6th. Jefferies Financial Group boosted their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a "buy" rating in a research report on Wednesday, April 10th. The Goldman Sachs Group upped 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. Truist Financial lifted 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, Wells Fargo & Company upped their price objective 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. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Booz Allen Hamilton has an average rating of "Hold" and a consensus target price of $145.11.

Insider Buying and Selling at Booz Allen Hamilton

In other 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 directly owns 25,462 shares of the company's stock, valued at approximately $3,730,437.62. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.76% of the stock is currently owned by insiders.

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.