Foster & Motley Inc. Cuts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Foster & Motley Inc. decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 11.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,399 shares of the business services provider’s stock after selling 809 shares during the period. Foster & Motley Inc.’s holdings in Booz Allen Hamilton were worth $824,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BAH. Westfield Capital Management Co. LP acquired a new position in shares of Booz Allen Hamilton during the third quarter worth about $48,349,000. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of 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 valued at $209,651,000 after buying an additional 285,621 shares during the period. FMR LLC lifted its position in Booz Allen Hamilton by 111.6% during the 3rd quarter. FMR LLC now owns 356,828 shares of the business services provider’s stock worth $58,077,000 after acquiring an additional 188,185 shares in the last quarter. KBC Group NV boosted its holdings in Booz Allen Hamilton by 1,207.8% in the 4th quarter. KBC Group NV now owns 189,899 shares of the business services provider’s stock worth $24,440,000 after acquiring an additional 175,378 shares during the period. Finally, Van ECK Associates Corp grew its position in 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 acquiring an additional 162,083 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BAH has been the topic of a number of recent research reports. TD Cowen reduced their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Jefferies Financial Group downgraded 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 research note on Monday, November 4th. The Goldman Sachs Group cut 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. Finally, Wells Fargo & Company lowered their price objective on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. One equities research 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. Based on data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and an average target price of $161.78.

Booz Allen Hamilton Trading Up 0.3 %

NYSE:BAH opened at $129.31 on Friday. Booz Allen Hamilton Holding Co. has a 52 week low of $121.02 and a 52 week high of $190.59. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The company has a market cap of $16.52 billion, a PE ratio of 20.30, a P/E/G ratio of 1.53 and a beta of 0.55. The business’s 50 day moving average is $135.79 and its two-hundred day moving average is $150.63.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.25% and a return on equity of 69.67%. On average, analysts predict that Booz Allen Hamilton Holding Co. will post 6.25 EPS for the current year.

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.