First Trust Direct Indexing L.P. Makes New $214,000 Investment in Booz Allen Hamilton Holding Co. (NYSE:BAH)

First Trust Direct Indexing L.P. acquired a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,674 shares of the business services provider’s stock, valued at approximately $214,000.

Other hedge funds also recently made changes to their positions in the company. VisionPoint Advisory Group LLC grew its holdings in shares of Booz Allen Hamilton by 75.6% during the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Booz Allen Hamilton during the third quarter worth about $31,000. BKM Wealth Management LLC purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $40,000. First Financial Corp IN grew its holdings in shares of Booz Allen Hamilton by 21.3% during the fourth quarter. First Financial Corp IN now owns 472 shares of the business services provider’s stock worth $60,000 after purchasing an additional 83 shares during the last quarter. Finally, Altshuler Shaham Ltd purchased a new position in shares of Booz Allen Hamilton during the third quarter worth about $53,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Insider Activity at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton 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 completion of the sale, the chief financial officer now directly 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 available through this hyperlink. In other news, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton 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 completion of the sale, the chief financial officer now directly 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 available through this hyperlink. Also, CEO Horacio Rozanski sold 49,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $145.69, for a total transaction of $7,138,810.00. Following the sale, the chief executive officer now owns 557,411 shares of the company’s stock, valued at $81,209,208.59. The disclosure for this sale can be found here. 1.76% of the stock is owned by insiders.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $151.08 on Thursday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a market cap of $19.60 billion, a P/E ratio of 48.74, a PEG ratio of 1.99 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 52 week low of $89.80 and a 52 week high of $154.82. The company has a 50-day moving average price of $146.35 and a 200 day moving average price of $136.30.

Analyst Ratings Changes

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