Twelve Points Wealth Management LLC Has $1.01 Million Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Twelve Points Wealth Management LLC increased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,820 shares of the business services provider’s stock after buying an additional 862 shares during the period. Twelve Points Wealth Management LLC’s holdings in Booz Allen Hamilton were worth $1,006,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC raised its holdings in shares of Booz Allen Hamilton by 91.6% in the 2nd quarter. Millennium Management LLC now owns 367,645 shares of the business services provider’s stock worth $56,581,000 after acquiring an additional 175,795 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of Booz Allen Hamilton by 104.7% during the second quarter. Mackenzie Financial Corp now owns 12,654 shares of the business services provider’s stock valued at $1,947,000 after buying an additional 6,471 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in Booz Allen Hamilton during the second quarter worth $2,518,000. Algert Global LLC purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at $434,000. Finally, Creative Planning lifted its position in shares of Booz Allen Hamilton by 16.7% during the second quarter. Creative Planning now owns 6,727 shares of the business services provider’s stock valued at $1,035,000 after purchasing an additional 962 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Trading Down 4.7 %

Shares of BAH stock opened at $128.98 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm has a market cap of $16.48 billion, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 1.72 and a beta of 0.55. The business has a 50-day moving average price of $136.94 and a two-hundred day moving average price of $151.15. Booz Allen Hamilton Holding Co. has a 12-month low of $127.09 and a 12-month high of $190.59.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BAH. 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 research report on Monday, January 6th. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. TD Cowen reduced their target price on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. cut shares of Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and lifted their price target for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Finally, UBS Group assumed coverage on Booz Allen Hamilton in a report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price objective for the company. One equities research 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’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton has a consensus rating of “Hold” and a consensus price target 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.