Altshuler Shaham Ltd Cuts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Altshuler Shaham Ltd cut its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 377 shares of the business services provider’s stock after selling 110 shares during the period. Altshuler Shaham Ltd’s holdings in Booz Allen Hamilton were worth $48,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BAH. JPMorgan Chase & Co. boosted their price objective 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 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. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Wells Fargo & Company boosted their target price on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. Finally, Jefferies Financial Group upped their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $145.11.

Insider Buying and Selling

In related news, CFO Matthew Calderone sold 1,500 shares of the 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 sale, the chief financial officer now directly owns 25,462 shares in the company, valued at approximately $3,730,437.62. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other 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 of the company’s stock, valued at approximately $81,209,208.59. The transaction was disclosed in a legal filing 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 stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now directly 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 Price Performance

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

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.