Altshuler Shaham Ltd Reduces Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Altshuler Shaham Ltd cut its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.6% in the 4th quarter, HoldingsChannel reports. The fund owned 377 shares of the business services provider’s stock after selling 110 shares during the quarter. Altshuler Shaham Ltd’s holdings in Booz Allen Hamilton were worth $48,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BAH. VisionPoint Advisory Group LLC boosted its holdings in Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 118 shares during the period. Acadian Asset Management LLC bought a new position in Booz Allen Hamilton during the 3rd quarter valued at approximately $31,000. BKM Wealth Management LLC bought a new position in Booz Allen Hamilton during the 4th quarter valued at approximately $40,000. First Financial Corp IN raised its position in Booz Allen Hamilton by 21.3% during the 4th quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 83 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in Booz Allen Hamilton during the 3rd quarter valued at approximately $71,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. upped their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, February 6th. The Goldman Sachs Group upped their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Wells Fargo & Company upped their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Jefferies Financial Group increased their target price on 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, Truist Financial increased 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $145.11.

Insider Activity at Booz Allen Hamilton

In related news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was 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 owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 sale, the chief executive officer now directly owns 557,411 shares in the company, valued at approximately $81,209,208.59. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now owns 25,462 shares in the company, valued at $3,730,437.62. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.

Booz Allen Hamilton Stock Up 2.2 %

BAH stock traded up $3.27 on Thursday, reaching $154.34. 872,571 shares of the company traded hands, compared to its average volume of 637,976. Booz Allen Hamilton Holding Co. has a one year low of $89.80 and a one year high of $154.82. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. The company has a market cap of $20.03 billion, a P/E ratio of 49.72, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53. The firm has a fifty day simple moving average of $146.35 and a 200-day simple moving average of $136.30.

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