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

KBC Group NV lifted its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1,207.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 189,899 shares of the business services provider’s stock after purchasing an additional 175,378 shares during the quarter. KBC Group NV owned about 0.15% of Booz Allen Hamilton worth $24,440,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BAH. Oppenheimer & Co. Inc. boosted its stake in Booz Allen Hamilton by 3.3% during the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock worth $297,000 after buying an additional 59 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Booz Allen Hamilton by 13.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 685 shares of the business services provider’s stock worth $111,000 after acquiring an additional 79 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Booz Allen Hamilton by 5.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock worth $271,000 after purchasing an additional 86 shares during the period. AIA Group Ltd increased its holdings in 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 raised its position in Booz Allen Hamilton by 7.6% in the third 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. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a research report on Monday, January 6th. The Goldman Sachs Group dropped their target price on 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 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 report on Monday, November 4th. Wells Fargo & Company cut their target price 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, UBS Group assumed coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. One investment 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. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Hold” and a consensus target price of $161.78.

Booz Allen Hamilton Trading Down 4.7 %

NYSE BAH opened at $128.98 on Wednesday. Booz Allen Hamilton Holding Co. has a 52 week low of $127.09 and a 52 week high of $190.59. The firm has a 50 day moving average of $136.94 and a two-hundred day moving average of $151.15. The stock has a market capitalization of $16.48 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.72 and a beta of 0.55. The company has a quick ratio of 1.56, a current 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.