Fifth Third Bancorp Has $5.31 Million Stock Holdings in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Fifth Third Bancorp decreased its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 5.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,272 shares of the business services provider’s stock after selling 2,375 shares during the period. Fifth Third Bancorp’s holdings in Booz Allen Hamilton were worth $5,312,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new position in Booz Allen Hamilton in the third quarter valued at about $31,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at approximately $45,000. Berbice Capital Management LLC bought a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $39,000. Kennebec Savings Bank acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth approximately $60,000. Finally, Covestor Ltd lifted its stake in Booz Allen Hamilton by 87.2% in the third quarter. Covestor Ltd now owns 629 shares of the business services provider’s stock valued at $103,000 after buying an additional 293 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Stock Down 2.0 %

NYSE:BAH opened at $133.45 on Monday. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.56 and a quick ratio of 1.56. Booz Allen Hamilton Holding Co. has a one year low of $127.09 and a one year high of $190.59. The firm’s 50 day simple moving average is $137.22 and its 200 day simple moving average is $151.50. The company has a market cap of $17.05 billion, a PE ratio of 20.95, a P/E/G ratio of 1.72 and a beta of 0.55.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BAH shares. The Goldman Sachs Group dropped 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. Barclays upgraded Booz Allen Hamilton from an “underweight” rating to an “equal weight” rating and set a $140.00 price target on the stock in a report on Monday, January 6th. JPMorgan Chase & Co. downgraded Booz Allen Hamilton from a “neutral” rating to an “underweight” rating and increased their price objective for the stock from $154.00 to $158.00 in a report on Wednesday, October 2nd. Wells Fargo & Company cut their target price on Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $161.78.

About Booz Allen Hamilton

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.