Schonfeld Strategic Advisors LLC Has $8.23 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Schonfeld Strategic Advisors LLC decreased its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) by 11.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 63,941 shares of the business services provider's stock after selling 8,133 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.05% of Booz Allen Hamilton worth $8,229,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Norges Bank bought a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $196,578,000. Raymond James Financial Inc. bought a new position in Booz Allen Hamilton during the fourth quarter worth about $173,055,000. Renaissance Technologies LLC boosted its holdings in Booz Allen Hamilton by 1,111.3% during the fourth quarter. Renaissance Technologies LLC now owns 606,794 shares of the business services provider's stock valued at $78,094,000 after purchasing an additional 556,700 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Booz Allen Hamilton by 12.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,518,386 shares of the business services provider's stock valued at $581,516,000 after purchasing an additional 501,725 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Booz Allen Hamilton by 78.8% in the 4th quarter. Alliancebernstein L.P. now owns 1,033,475 shares of the business services provider's stock valued at $133,008,000 after purchasing an additional 455,605 shares during the period. Institutional investors and hedge funds own 91.82% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on BAH shares. William Blair lowered Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $109.00 target price (down previously from $150.00) on shares of Booz Allen Hamilton in a report on Friday, April 11th. Truist Financial cut their price target on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a report on Monday, April 14th. Wells Fargo & Company reduced their price target on shares of Booz Allen Hamilton from $164.00 to $148.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, Raymond James raised shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of "Hold" and an average target price of $146.45.

Booz Allen Hamilton Trading Down 0.6 %

BAH traded down $0.67 during mid-day trading on Monday, reaching $119.14. The stock had a trading volume of 1,225,834 shares, compared to its average volume of 1,537,090. The firm's fifty day simple moving average is $111.06 and its two-hundred day simple moving average is $131.43. The stock has a market capitalization of $15.09 billion, a P/E ratio of 17.76, a P/E/G ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton Holding Co. has a 52 week low of $101.05 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 6.44 EPS for the current year.

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