Fortune Financial Advisors LLC Acquires 244 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Fortune Financial Advisors LLC grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,507 shares of the business services provider’s stock after purchasing an additional 244 shares during the period. Fortune Financial Advisors LLC’s holdings in Booz Allen Hamilton were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Mediolanum International Funds Ltd lifted its stake in shares of Booz Allen Hamilton by 105.6% in the 4th quarter. Mediolanum International Funds Ltd now owns 27,615 shares of the business services provider’s stock valued at $3,536,000 after acquiring an additional 14,181 shares during the last quarter. Forsta AP Fonden boosted its stake in shares of Booz Allen Hamilton by 1.1% during the fourth quarter. Forsta AP Fonden now owns 27,800 shares of the business services provider’s stock valued at $3,578,000 after purchasing an additional 300 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Booz Allen Hamilton by 906.7% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 146,836 shares of the business services provider’s stock worth $18,898,000 after purchasing an additional 132,250 shares during the last quarter. R Squared Ltd acquired a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $31,000. Finally, Twelve Points Wealth Management LLC raised its holdings in Booz Allen Hamilton by 12.4% in the 4th quarter. Twelve Points Wealth Management LLC now owns 7,820 shares of the business services provider’s stock valued at $1,006,000 after buying an additional 862 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. The Goldman Sachs Group decreased their price target 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. Jefferies Financial Group downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and increased their price objective for the company from $180.00 to $190.00 in a report on Monday, November 4th. Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Truist Financial reduced their target price on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $161.78.

Booz Allen Hamilton Stock Up 1.5 %

Booz Allen Hamilton stock opened at $128.92 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $16.47 billion, a PE ratio of 20.24, a PEG ratio of 1.72 and a beta of 0.55. The firm’s fifty day moving average is $136.19 and its 200 day moving average is $150.83. Booz Allen Hamilton Holding Co. has a 12-month low of $125.91 and a 12-month high of $190.59.

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.