Northwestern Mutual Investment Management Company LLC Takes $2.29 Million Position in Booz Allen Hamilton Holding Corporation $BAH

Northwestern Mutual Investment Management Company LLC acquired a new stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 27,140 shares of the business services provider’s stock, valued at approximately $2,290,000.

Several other hedge funds and other institutional investors have also modified their holdings of BAH. Activest Wealth Management lifted its stake in shares of Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares in the last quarter. Torren Management LLC acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $26,000. Rakuten Securities Inc. lifted its stake in shares of Booz Allen Hamilton by 414.6% in the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $27,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Booz Allen Hamilton by 244.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock valued at $29,000 after buying an additional 205 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $72.60 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. Booz Allen Hamilton Holding Corporation has a one year low of $68.83 and a one year high of $130.91. The business’s 50-day simple moving average is $78.81 and its 200 day simple moving average is $83.53. The company has a market cap of $8.75 billion, a P/E ratio of 10.79, a PEG ratio of 4.19 and a beta of 0.32.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BAH. Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Stifel Nicolaus raised their target price on Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a report on Monday, January 26th. Truist Financial dropped their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a report on Monday, April 20th. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a report on Tuesday, January 27th. Finally, Wells Fargo & Company began coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price on the stock. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $93.33.

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.