Natixis Advisors L.P. Decreases Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Natixis Advisors L.P. trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 167,688 shares of the business services provider’s stock after selling 9,014 shares during the period. Natixis Advisors L.P.’s holdings in Booz Allen Hamilton were worth $21,449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. First Trust Direct Indexing L.P. purchased a new position in Booz Allen Hamilton in the 4th quarter valued at about $214,000. Norden Group LLC lifted its position in shares of Booz Allen Hamilton by 21.2% during the fourth quarter. Norden Group LLC now owns 4,691 shares of the business services provider’s stock worth $600,000 after purchasing an additional 821 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $431,000. Van ECK Associates Corp lifted its position in shares of Booz Allen Hamilton by 56.9% during the fourth quarter. Van ECK Associates Corp now owns 69,914 shares of the business services provider’s stock worth $8,943,000 after purchasing an additional 25,359 shares during the last quarter. Finally, Bahl & Gaynor Inc. lifted its position in shares of Booz Allen Hamilton by 2.7% during the fourth quarter. Bahl & Gaynor Inc. now owns 714,357 shares of the business services provider’s stock worth $91,373,000 after purchasing an additional 18,723 shares during the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Trading Up 0.4 %

NYSE:BAH opened at $147.25 on Monday. Booz Allen Hamilton Holding Co. has a 1 year low of $89.80 and a 1 year high of $150.59. The stock has a market cap of $19.11 billion, a price-to-earnings ratio of 47.50, a PEG ratio of 1.99 and a beta of 0.53. The business has a fifty day moving average of $146.08 and a 200-day moving average of $135.78. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68.

Insider Transactions at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares in the company, valued at approximately $3,730,437.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Horacio Rozanski sold 49,000 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $145.69, for a total value of $7,138,810.00. Following the completion of the sale, the chief executive officer now directly owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $146.51, for a total transaction of $219,765.00. Following the transaction, the chief financial officer now directly owns 25,462 shares in the company, valued at $3,730,437.62. The disclosure for this sale can be found here. Company insiders own 1.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Truist Financial increased their price target on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company raised their target price on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. Jefferies Financial Group upped their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. The Goldman Sachs Group boosted their price objective on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and an average target price of $145.11.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.