Town & Country Bank & Trust CO Increases Investment in Booz Allen Hamilton

Town & Country Bank & Trust CO, also known as First Bankers Trust CO, has significantly increased its investment in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 87.6% during the fourth quarter of the year, as per its latest filing with the SEC. Following this increase, the bank now holds 30,603 shares of Booz Allen Hamilton, after acquiring an additional 14,293 shares during this reporting period. This investment now represents about 1.5% of the total assets managed by Town & Country Bank & Trust CO, ranking Booz Allen Hamilton as the 18th largest holding within their portfolio. At the conclusion of their latest report, the value of their holdings in Booz Allen Hamilton was estimated at approximately $3,939,000.

Many other institutional investors and hedge funds have also made adjustments to their holdings in Booz Allen Hamilton recently. For instance, Geode Capital Management LLC raised its investment by 2.5% in the third quarter, owning 2,341,533 shares worth about $381,898,000 after acquiring an additional 58,038 shares. Similarly, Caisse DE Depot ET Placement DU Quebec increased its stake by 28.5% during the same period, bringing its total to 1,288,101 shares valued at $209,651,000. Other notable institutions such as Eagle Asset Management Inc. and Captrust Financial Advisors have also reported increased positions in the company. In total, institutional investors control approximately 91.82% of Booz Allen Hamilton’s shares.

Booz Allen Hamilton Stock Overview

The stock of Booz Allen Hamilton started the trading day at $135.36. The company has a strong financial standing, exhibiting a quick ratio of 1.56 and a current ratio of 1.56, but a relatively high debt-to-equity ratio of 2.76. Over the past months, the stock has maintained a 50-day simple moving average of $137.12 and a 200-day simple moving average of $151.35. The shares have experienced fluctuations, with a 52-week low of $127.09 and a high of $190.59. Booz Allen Hamilton has a market capitalization of $17.30 billion and operates with a P/E ratio of 21.25 and a P/E/G ratio of 1.72.

Recent Analyst Ratings

Several analysts have recently altered their ratings for Booz Allen Hamilton. In a report on January 6th, Barclays upgraded the shares from an "underweight" to an "equal weight" rating, setting a target price of $140.00. In contrast, TD Cowen adjusted their target price from $200.00 down to $155.00, maintaining a "buy" recommendation. Similarly, Truist Financial has reduced their target from $185.00 to $155.00 while keeping a "hold" stance on the stock. Moreover, financial insights from StockNews.com have downgraded Booz Allen from a "buy" to a "hold" rating. Among analysts, one has given a sell rating, five have rated it as a hold, and four have a buy rating, leading to an overall average rating of "Hold" with a target price of around $161.78.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation specializes in management and technology consulting, and provides services in areas like analytics, engineering, digital solutions, mission operations, and cybersecurity for government and corporate clients both in the U.S. and internationally. Their focus includes advanced technologies such as artificial intelligence, machine learning, automation, and decision analytics.

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