Campbell & CO Investment Adviser LLC Cuts Holdings in Booz Allen Hamilton Holding Corporation $BAH

Campbell & CO Investment Adviser LLC decreased its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 63.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,783 shares of the business services provider’s stock after selling 8,439 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Booz Allen Hamilton were worth $478,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Securities Inc. lifted its stake in shares of Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after purchasing an additional 199 shares during the last quarter. West Branch Capital LLC grew its stake in Booz Allen Hamilton by 58.3% in the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 105 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider’s stock worth $35,000 after purchasing an additional 240 shares in the last quarter. Eastern Bank purchased a new stake in shares of Booz Allen Hamilton during the third quarter valued at about $35,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at about $39,000. Institutional investors own 91.82% of the company’s stock.

Insider Activity at Booz Allen Hamilton

In other Booz Allen Hamilton news, CEO Horacio Rozanski acquired 23,800 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were acquired at an average cost of $84.66 per share, with a total value of $2,014,908.00. Following the acquisition, the chief executive officer directly owned 687,745 shares of the company’s stock, valued at approximately $58,224,491.70. The trade was a 3.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.91% of the stock is owned by company insiders.

Booz Allen Hamilton Trading Up 0.2%

Shares of NYSE:BAH opened at $95.74 on Friday. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 3.89. Booz Allen Hamilton Holding Corporation has a 52-week low of $79.23 and a 52-week high of $146.95. The stock has a market cap of $11.61 billion, a price-to-earnings ratio of 14.62, a PEG ratio of 1.68 and a beta of 0.34. The business has a 50-day moving average price of $87.92 and a 200-day moving average price of $97.34.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, October 24th. The business services provider reported $1.49 EPS for the quarter, meeting analysts’ consensus estimates of $1.49. Booz Allen Hamilton had a return on equity of 71.87% and a net margin of 7.06%.The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the prior year, the firm earned $1.81 earnings per share. Booz Allen Hamilton’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on BAH. Stifel Nicolaus set a $106.00 price objective on shares of Booz Allen Hamilton in a research note on Friday, October 24th. Zacks Research raised shares of Booz Allen Hamilton from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Citigroup increased their price objective on Booz Allen Hamilton from $93.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Truist Financial set a $90.00 price objective on Booz Allen Hamilton in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. reduced their target price on Booz Allen Hamilton from $122.00 to $90.00 and set an “underweight” rating on the stock in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of “Hold” and an average price target of $109.46.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.