Capital Asset Advisory Services LLC Has $251,000 Stake in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Capital Asset Advisory Services LLC lowered its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,902 shares of the business services provider’s stock after selling 118 shares during the period. Capital Asset Advisory Services LLC’s holdings in Booz Allen Hamilton were worth $251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Westfield Capital Management Co. LP acquired a new position in shares of Booz Allen Hamilton during the 3rd quarter valued at about $48,349,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Booz Allen Hamilton by 28.5% in 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 purchasing an additional 285,621 shares during the last quarter. FMR LLC boosted its position in Booz Allen Hamilton by 111.6% during the third quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock worth $58,077,000 after purchasing an additional 188,185 shares during the period. Millennium Management LLC grew its holdings in Booz Allen Hamilton by 91.6% during the second quarter. Millennium Management LLC now owns 367,645 shares of the business services provider’s stock valued at $56,581,000 after purchasing an additional 175,795 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Booz Allen Hamilton by 34.8% in the third quarter. Van ECK Associates Corp now owns 627,446 shares of the business services provider’s stock valued at $102,437,000 after purchasing an additional 162,083 shares during the period. Institutional investors own 91.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BAH shares. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective for the company. Truist Financial lowered their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a research report on Friday, November 22nd. The Goldman Sachs Group cut their price objective on Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Jefferies Financial Group lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating and raised their target price for the company from $180.00 to $190.00 in a report on Monday, November 4th. Finally, Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target for the company in a report on Monday, January 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $161.78.

Booz Allen Hamilton Stock Performance

Shares of NYSE BAH opened at $135.36 on Tuesday. Booz Allen Hamilton Holding Co. has a one year low of $127.09 and a one year high of $190.59. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 2.76. The business has a fifty day simple moving average of $137.12 and a 200 day simple moving average of $151.35. The firm has a market capitalization of $17.30 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.72 and a beta of 0.55.

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.