Sherbrooke Park Advisers LLC Purchases Shares of 6,816 Booz Allen Hamilton Holding Co. (NYSE:BAH)

Sherbrooke Park Advisers LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,816 shares of the business services provider's stock, valued at approximately $877,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Bogart Wealth LLC grew its holdings in shares of Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after purchasing an additional 155 shares during the last quarter. OFI Invest Asset Management bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock worth $29,000 after buying an additional 134 shares in the last quarter. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $31,000. Finally, SRS Capital Advisors Inc. lifted its stake in shares of Booz Allen Hamilton by 3,314.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider's stock valued at $31,000 after acquiring an additional 232 shares during the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Up 0.2%

NYSE BAH traded up $0.24 during mid-day trading on Monday, reaching $129.05. 1,640,971 shares of the stock were exchanged, compared to its average volume of 1,560,227. The stock has a market cap of $16.34 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.25 and a beta of 0.56. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. Booz Allen Hamilton Holding Co. has a one year low of $101.05 and a one year high of $190.59. The stock has a 50 day simple moving average of $114.33 and a 200-day simple moving average of $127.60.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BAH. William Blair cut Booz Allen Hamilton from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research note on Tuesday, February 25th. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. Truist Financial reduced their target price on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $144.27.

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