Rathbones Group PLC Sells 70,806 Shares of Booz Allen Hamilton Holding Corporation $BAH

Rathbones Group PLC trimmed its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 8.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 728,459 shares of the business services provider’s stock after selling 70,806 shares during the period. Rathbones Group PLC owned 0.60% of Booz Allen Hamilton worth $61,453,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Banque Cantonale Vaudoise lifted its stake in shares of Booz Allen Hamilton by 1,210.3% in the 4th quarter. Banque Cantonale Vaudoise now owns 4,193 shares of the business services provider’s stock valued at $353,000 after acquiring an additional 3,873 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of Booz Allen Hamilton by 32.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 987 shares of the business services provider’s stock valued at $83,000 after acquiring an additional 239 shares during the last quarter. Covestor Ltd raised its position in Booz Allen Hamilton by 21.6% during the 4th quarter. Covestor Ltd now owns 1,500 shares of the business services provider’s stock worth $127,000 after purchasing an additional 266 shares during the last quarter. Tredje AP fonden bought a new position in Booz Allen Hamilton during the 4th quarter worth $917,000. Finally, ProShare Advisors LLC bought a new position in Booz Allen Hamilton during the 4th quarter worth $410,000. 91.82% of the stock is currently owned by institutional investors.

Booz Allen Hamilton Stock Up 0.6%

Shares of NYSE:BAH opened at $77.44 on Thursday. The firm has a market cap of $9.34 billion, a P/E ratio of 11.51, a P/E/G ratio of 4.44 and a beta of 0.32. 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 12-month low of $68.83 and a 12-month high of $129.50. The business has a fifty day simple moving average of $78.54 and a 200 day simple moving average of $83.36.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Citigroup lowered their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. DA Davidson set a $81.00 target price on Booz Allen Hamilton in a research report on Tuesday, January 27th. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Truist Financial lowered their target price on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research report on Monday, April 20th. Finally, Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a research report on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Reduce” and an average target price of $93.33.

Booz Allen Hamilton 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.