Berbice Capital Management LLC Invests $39,000 in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Berbice Capital Management LLC bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 300 shares of the business services provider’s stock, valued at approximately $39,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Empirical Asset Management LLC acquired a new position in shares of Booz Allen Hamilton in the 4th quarter worth approximately $1,900,000. Bartlett & CO. Wealth Management LLC lifted its holdings in Booz Allen Hamilton by 1.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 539,589 shares of the business services provider’s stock worth $69,445,000 after buying an additional 8,365 shares in the last quarter. Cumberland Partners Ltd lifted its holdings in Booz Allen Hamilton by 39.5% during the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider’s stock worth $8,411,000 after buying an additional 14,620 shares in the last quarter. Toronto Dominion Bank lifted its holdings in Booz Allen Hamilton by 29.6% during the 3rd quarter. Toronto Dominion Bank now owns 16,909 shares of the business services provider’s stock worth $2,752,000 after buying an additional 3,863 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in Booz Allen Hamilton by 3.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 957,300 shares of the business services provider’s stock worth $155,810,000 after buying an additional 32,897 shares in the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BAH has been the topic of several research reports. Truist Financial reduced their price objective on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. Barclays raised Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price objective on the stock in a report on Monday, January 6th. Wells Fargo & Company cut their price target on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. 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, JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price target for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $161.78.

Booz Allen Hamilton Price Performance

BAH opened at $136.21 on Friday. The company has a fifty day simple moving average of $137.90 and a 200 day simple moving average of $151.80. The stock has a market cap of $17.40 billion, a P/E ratio of 21.46, a P/E/G ratio of 1.72 and a beta of 0.55. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. Booz Allen Hamilton Holding Co. has a 12 month low of $127.09 and a 12 month high of $190.59.

About Booz Allen Hamilton

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.