Booz Allen Hamilton Holding Corporation $BAH Shares Sold by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp trimmed its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 93.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,839 shares of the business services provider’s stock after selling 37,614 shares during the period. Atlantic Union Bankshares Corp’s holdings in Booz Allen Hamilton were worth $239,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Booz Allen Hamilton by 22.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock valued at $2,737,000 after acquiring an additional 4,870 shares during the last quarter. NewEdge Advisors LLC raised its position in Booz Allen Hamilton by 365.0% in the first quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock valued at $1,229,000 after purchasing an additional 9,223 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Booz Allen Hamilton by 53.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock valued at $464,000 after purchasing an additional 1,559 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Booz Allen Hamilton by 132.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,429 shares of the business services provider’s stock worth $149,000 after purchasing an additional 815 shares during the period. Finally, Cresset Asset Management LLC increased its position in shares of Booz Allen Hamilton by 6.2% during the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock worth $339,000 after purchasing an additional 191 shares during the last quarter. Institutional investors and hedge funds own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Jefferies Financial Group set a $85.00 target price on shares of Booz Allen Hamilton in a research report on Monday. Wells Fargo & Company started coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Stifel Nicolaus lifted their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Citigroup dropped their price objective on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. Finally, UBS Group reiterated a “neutral” rating and set a $97.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $93.33.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $72.60 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $68.83 and a fifty-two week high of $130.91. The business has a fifty day moving average of $78.81 and a 200-day moving average of $83.53. The stock has a market cap of $8.75 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 4.24 and a beta of 0.32.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.