Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by AGF Management Ltd.

AGF Management Ltd. raised its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 40.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,089,265 shares of the business services provider's stock after buying an additional 315,495 shares during the quarter. AGF Management Ltd. owned about 0.84% of Booz Allen Hamilton worth $139,328,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caisse DE Depot ET Placement DU Quebec boosted its stake in Booz Allen Hamilton by 64.1% during the third 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 position in shares of Booz Allen Hamilton by 19.3% during the 3rd 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 last quarter. 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 worth $324,341,000 after purchasing an additional 686,318 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Booz Allen Hamilton by 891.7% in the third quarter. Qube Research & Technologies Ltd now owns 288,103 shares of the business services provider's stock worth $31,481,000 after purchasing an additional 259,053 shares during the last quarter. Finally, Morgan Stanley raised its stake in Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider's stock valued at $538,108,000 after purchasing an additional 199,449 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Up 1.1 %

BAH stock traded up $1.72 during midday trading on Friday, hitting $156.06. The company had a trading volume of 802,031 shares, compared to its average volume of 685,796. The stock has a market cap of $20.25 billion, a price-to-earnings ratio of 50.34, a PEG ratio of 2.11 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week 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. The stock's 50 day moving average price is $146.64 and its 200 day moving average price is $136.91.

Insider Buying and Selling

In other news, CFO Matthew Calderone sold 1,500 shares of the company's stock in a transaction dated 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 $3,730,437.62. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.76% of the stock is owned by insiders.

Analyst Ratings Changes

BAH has been the topic of a number of research analyst reports. Wells Fargo & Company increased 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 report on Tuesday, January 30th. Jefferies Financial Group raised 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 objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a "buy" rating in a report on Monday, January 29th. JPMorgan Chase & Co. raised their price objective on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a "neutral" rating in a report on Tuesday, February 6th. Finally, Truist Financial boosted their target price on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a "hold" rating in a research report on Monday, January 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $145.11.

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.