Goelzer Investment Management Inc. Acquires New Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Goelzer Investment Management Inc. bought a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 13,459 shares of the business services provider’s stock, valued at approximately $1,732,000.

A number of other large investors have also modified their holdings of the business. Geode Capital Management LLC grew its holdings in Booz Allen Hamilton by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,341,533 shares of the business services provider’s stock worth $381,898,000 after acquiring an additional 58,038 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its stake 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 period. Eagle Asset Management Inc. boosted its holdings in Booz Allen Hamilton by 3.6% during the third quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after buying an additional 32,897 shares in the last quarter. Captrust Financial Advisors grew its position in Booz Allen Hamilton by 1.1% during the third quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock worth $139,394,000 after buying an additional 9,480 shares during the period. Finally, Janus Henderson Group PLC increased its holdings in Booz Allen Hamilton by 30.2% in the third 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. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Down 2.0 %

Shares of BAH stock opened at $133.45 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. Booz Allen Hamilton Holding Co. has a fifty-two week low of $127.09 and a fifty-two week high of $190.59. The firm’s 50 day moving average price is $137.22 and its two-hundred day moving average price is $151.55. The stock has a market cap of $17.05 billion, a price-to-earnings ratio of 20.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.55.

Analysts Set New Price Targets

BAH has been the topic of several research analyst reports. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. 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. UBS Group initiated coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. TD Cowen lowered their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their target price for the stock from $154.00 to $158.00 in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton 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.