Berbice Capital Management LLC Invests $39,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Berbice Capital Management LLC acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 300 shares of the business services provider’s stock, valued at approximately $39,000.

A number of other large investors also recently modified their holdings of BAH. Amalgamated Bank boosted its stake in shares of Booz Allen Hamilton by 2.2% during the 2nd quarter. Amalgamated Bank now owns 8,653 shares of the business services provider’s stock worth $1,332,000 after buying an additional 184 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $308,000. AE Wealth Management LLC lifted its stake in Booz Allen Hamilton by 5.8% in the 2nd quarter. AE Wealth Management LLC now owns 5,019 shares of the business services provider’s stock valued at $772,000 after purchasing an additional 277 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Booz Allen Hamilton by 10.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 55,196 shares of the business services provider’s stock valued at $8,494,000 after purchasing an additional 5,037 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Booz Allen Hamilton in the 2nd quarter valued at about $17,380,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BAH has been the subject of several recent analyst reports. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the company from $180.00 to $190.00 in a research note on Monday, November 4th. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price for the company. Barclays upgraded shares of Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective for the company in a research report on Monday, January 6th. Finally, The Goldman Sachs Group cut their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Stock Up 0.0 %

Shares of BAH opened at $136.21 on Friday. Booz Allen Hamilton Holding Co. has a 12 month low of $127.09 and a 12 month high of $190.59. The firm’s 50 day moving average is $137.90 and its 200-day moving average is $151.80. The stock has a market capitalization of $17.40 billion, a PE ratio of 21.46, a P/E/G ratio of 1.72 and a beta of 0.55. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76.

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