Intech Investment Management LLC Buys 9,379 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Intech Investment Management LLC raised its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 18.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 60,679 shares of the business services provider’s stock after acquiring an additional 9,379 shares during the quarter. Intech Investment Management LLC’s holdings in Booz Allen Hamilton were worth $7,761,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. VisionPoint Advisory Group LLC grew its position in shares of Booz Allen Hamilton by 75.6% in the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Booz Allen Hamilton in the third quarter valued at about $31,000. Smithfield Trust Co grew its position in shares of Booz Allen Hamilton by 87.7% in the fourth quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 121 shares during the last quarter. BKM Wealth Management LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at about $40,000. Finally, Altshuler Shaham Ltd acquired a new stake in shares of Booz Allen Hamilton in the third quarter valued at about $53,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Trading Up 4.0 %

NYSE:BAH traded up $6.15 during trading hours on Friday, hitting $158.51. 1,466,203 shares of the stock were exchanged, compared to its average volume of 740,339. The company’s 50 day moving average is $147.84 and its two-hundred day moving average is $138.89. Booz Allen Hamilton Holding Co. has a twelve month low of $89.80 and a twelve month high of $164.43. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $20.57 billion, a P/E ratio of 34.46, a price-to-earnings-growth ratio of 1.97 and a beta of 0.53.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.11. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.01 EPS. On average, sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 5.89 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Richard Crowe sold 180 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $27,747.00. Following the transaction, the executive vice president now owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Horacio Rozanski sold 34,571 shares of the company’s stock in a transaction 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 owns 579,025 shares in the company, valued at approximately $89,256,703.75. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Richard Crowe sold 180 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the sale, the executive vice president now owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The disclosure for this sale can be found here. Insiders have sold a total of 40,227 shares of company stock valued at $6,189,532 in the last 90 days. 1.76% of the stock is owned by company insiders.

Analysts Set New Price Targets

BAH has been the topic of a number of recent research reports. Jefferies Financial Group lifted 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. The Goldman Sachs Group lifted their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. lifted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 6th. Truist Financial lifted 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. Finally, Wells Fargo & Company raised 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 research note on Tuesday, January 30th. 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $148.44.

Booz Allen Hamilton Company 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.