Foster & Motley Inc. Lowers Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Foster & Motley Inc. trimmed its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,399 shares of the business services provider’s stock after selling 809 shares during the quarter. Foster & Motley Inc.’s holdings in Booz Allen Hamilton were worth $824,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in Booz Allen Hamilton by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock valued at $381,898,000 after acquiring an additional 58,038 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Booz Allen Hamilton by 28.5% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock valued at $209,651,000 after purchasing an additional 285,621 shares during the last quarter. Eagle Asset Management Inc. increased its stake in shares of Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after purchasing an additional 32,897 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Booz Allen Hamilton by 1.1% during the 3rd quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock worth $139,394,000 after purchasing an additional 9,480 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Booz Allen Hamilton by 30.2% in the 3rd quarter. Janus Henderson Group PLC now owns 631,703 shares of the business services provider’s stock valued at $102,809,000 after buying an additional 146,420 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BAH. Wells Fargo & Company dropped their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. TD Cowen cut their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Barclays raised 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, Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Hold” and an average price target of $161.78.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $129.31 on Friday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $16.52 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 1.53 and a beta of 0.55. Booz Allen Hamilton Holding Co. has a 1 year low of $121.02 and a 1 year high of $190.59. The firm has a 50 day moving average price of $135.79 and a 200 day moving average price of $150.63.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.25% and a return on equity of 69.67%. Sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 6.25 earnings per share for the current year.

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.