BI Asset Management Fondsmaeglerselskab A S Purchases 86 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

BI Asset Management Fondsmaeglerselskab A S increased its holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,975 shares of the business services provider’s stock after acquiring an additional 86 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Booz Allen Hamilton were worth $508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Morgan Stanley grew its position in shares of Booz Allen Hamilton by 4.2% during the 3rd quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock valued at $538,108,000 after acquiring an additional 199,449 shares during the period. Ameriprise Financial Inc. increased its position in Booz Allen Hamilton by 19.3% in the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock worth $497,084,000 after buying an additional 736,404 shares during the last quarter. WCM Investment Management LLC raised its stake in shares of Booz Allen Hamilton by 0.9% in the fourth quarter. WCM Investment Management LLC now owns 4,229,460 shares of the business services provider’s stock valued at $537,776,000 after buying an additional 39,528 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Booz Allen Hamilton by 30.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock valued at $324,341,000 after buying an additional 686,318 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Booz Allen Hamilton by 64.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock worth $217,676,000 after acquiring an additional 778,437 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Down 0.8 %

Shares of BAH opened at $152.24 on Friday. The firm’s 50 day simple moving average is $147.56 and its 200 day simple moving average is $138.65. 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 capitalization of $19.75 billion, a P/E ratio of 49.11, a P/E/G ratio of 1.91 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 1-year low of $89.80 and a 1-year high of $156.83.

Insider Buying and Selling

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated 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 sale, the chief financial officer now owns 25,462 shares of the company’s stock, valued at $3,730,437.62. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Horacio Rozanski sold 34,571 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $5,329,119.65. Following the completion of the sale, the chief executive officer now directly owns 579,025 shares in the company, valued at approximately $89,256,703.75. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Matthew Calderone sold 1,500 shares of the company’s stock in a transaction 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 sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,227 shares of company stock worth $6,189,532. Corporate insiders own 1.76% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the subject of several analyst reports. Jefferies Financial Group raised their price objective on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Truist Financial boosted their price objective on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Monday, January 29th. Wells Fargo & Company raised their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Stifel Nicolaus upped their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, The Goldman Sachs Group raised their price objective on shares of Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average target price of $148.44.

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.