Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Purchased by KBC Group NV

KBC Group NV grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1,207.8% during the fourth quarter, Holdings Channel reports. The firm owned 189,899 shares of the business services provider’s stock after purchasing an additional 175,378 shares during the period. KBC Group NV’s holdings in Booz Allen Hamilton were worth $24,440,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Oppenheimer & Co. Inc. raised its stake in Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after acquiring an additional 59 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Booz Allen Hamilton by 13.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock worth $111,000 after purchasing an additional 79 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Booz Allen Hamilton by 5.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 86 shares during the last quarter. AIA Group Ltd lifted its holdings in shares of Booz Allen Hamilton by 0.9% in the 3rd quarter. AIA Group Ltd now owns 11,600 shares of the business services provider’s stock valued at $1,888,000 after purchasing an additional 100 shares during the last quarter. Finally, Strategic Blueprint LLC boosted its position in shares of Booz Allen Hamilton by 7.6% in the 3rd quarter. Strategic Blueprint LLC now owns 1,647 shares of the business services provider’s stock valued at $268,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Wall Street Analysts Forecast Growth

BAH has been the topic of several research analyst reports. StockNews.com lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Truist Financial cut their target price on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price target for the stock from $180.00 to $190.00 in a research note on Monday, November 4th. Wells Fargo & Company dropped their price objective on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. downgraded shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their target price for the stock from $154.00 to $158.00 in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $128.98 on Wednesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The stock’s 50 day moving average is $136.94 and its two-hundred day moving average is $151.15. Booz Allen Hamilton Holding Co. has a twelve month low of $127.09 and a twelve month high of $190.59. The firm has a market capitalization of $16.48 billion, a PE ratio of 20.25, a P/E/G ratio of 1.72 and a beta of 0.55.

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.