Twelve Points Wealth Management LLC Buys 862 Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH)

Twelve Points Wealth Management LLC grew its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,820 shares of the business services provider’s stock after acquiring an additional 862 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in Booz Allen Hamilton were worth $1,006,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BAH. Empirical Asset Management LLC bought a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $1,900,000. Bartlett & CO. Wealth Management LLC increased 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 purchasing an additional 8,365 shares in the last quarter. Cumberland Partners Ltd raised its stake in shares of Booz Allen Hamilton by 39.5% in the 3rd quarter. Cumberland Partners Ltd now owns 51,675 shares of the business services provider’s stock valued at $8,411,000 after purchasing an additional 14,620 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Booz Allen Hamilton by 29.6% in the third quarter. Toronto Dominion Bank now owns 16,909 shares of the business services provider’s stock valued at $2,752,000 after purchasing an additional 3,863 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its position in shares of Booz Allen Hamilton by 3.6% during the third 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 during the period. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $128.98 on Wednesday. The firm has a market capitalization of $16.48 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 1.72 and a beta of 0.55. 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’s 50-day moving average price is $136.94 and its 200-day moving average price is $151.15. Booz Allen Hamilton Holding Co. has a 12 month low of $127.09 and a 12 month high of $190.59.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BAH shares. UBS Group assumed coverage on Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target for the company. Truist Financial reduced their price target on Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating for the company in a report on Friday, November 22nd. JPMorgan Chase & Co. lowered Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and upped their price objective for the company from $154.00 to $158.00 in a research note on Wednesday, October 2nd. TD Cowen dropped their price target on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, The Goldman Sachs Group decreased their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $161.78.

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.