Harel Insurance Investments & Financial Services Ltd. Makes New $7.63 Million Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 59,293 shares of the business services provider’s stock, valued at approximately $7,631,000.

A number of other institutional investors also recently bought and sold shares of BAH. Geode Capital Management LLC grew its holdings in shares of 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 buying an additional 58,038 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Booz Allen Hamilton by 28.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,288,101 shares of the business services provider’s stock worth $209,651,000 after acquiring an additional 285,621 shares during the period. Eagle Asset Management Inc. grew its stake in shares of Booz Allen Hamilton by 3.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock valued at $155,810,000 after purchasing an additional 32,897 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Booz Allen Hamilton by 1.1% in the third quarter. Captrust Financial Advisors now owns 856,437 shares of the business services provider’s stock valued at $139,394,000 after purchasing an additional 9,480 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of Booz Allen Hamilton by 30.2% during the third quarter. Janus Henderson Group PLC now owns 631,703 shares of the business services provider’s stock worth $102,809,000 after purchasing an additional 146,420 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Down 2.0 %

Booz Allen Hamilton stock opened at $133.45 on Friday. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.56 and a current ratio of 1.56. Booz Allen Hamilton Holding Co. has a fifty-two week low of $127.09 and a fifty-two week high of $190.59. The stock’s fifty day moving average is $137.22 and its two-hundred day moving average is $151.55.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. TD Cowen cut their target price on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Finally, 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $161.78.

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.