Cubist Systematic Strategies LLC Buys 15,906 Shares of Booz Allen Hamilton Holding Corporation (BAH)

Cubist Systematic Strategies LLC raised its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 40.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 55,379 shares of the business services provider’s stock after buying an additional 15,906 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Booz Allen Hamilton Holding Corporation were worth $1,802,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. M&T Bank Corp lifted its stake in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after buying an additional 65 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock valued at $390,000 after buying an additional 66 shares during the last quarter. Somerset Trust Co lifted its stake in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock valued at $457,000 after buying an additional 75 shares during the last quarter. Comerica Bank lifted its stake in Booz Allen Hamilton Holding Corporation by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock valued at $314,000 after buying an additional 237 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in Booz Allen Hamilton Holding Corporation by 7.8% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after buying an additional 250 shares during the last quarter. Institutional investors own 93.62% of the company’s stock.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded down 0.21% during midday trading on Wednesday, hitting $37.71. 35,012 shares of the company were exchanged. Booz Allen Hamilton Holding Corporation has a one year low of $29.63 and a one year high of $39.67. The company’s 50 day moving average price is $35.80 and its 200 day moving average price is $35.31. The firm has a market cap of $5.61 billion, a P/E ratio of 21.64 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last announced its earnings results on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.47 by $0.06. The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 earnings per share. Equities analysts expect that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current year.

In other Booz Allen Hamilton Holding Corporation news, Director Ian Fujiyama bought 15,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were bought at an average price of $33.26 per share, for a total transaction of $498,900.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Clare bought 10,000 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were acquired at an average price of $32.30 per share, for a total transaction of $323,000.00. The disclosure for this purchase can be found here. Insiders have sold 150,407 shares of company stock worth $5,434,430 in the last 90 days. Company insiders own 3.04% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Cubist Systematic Strategies LLC Buys 15,906 Shares of Booz Allen Hamilton Holding Corporation (BAH)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/11/cubist-systematic-strategies-llc-buys-15906-shares-of-booz-allen-hamilton-holding-corporation-bah.html.

BAH has been the topic of a number of recent research reports. Cowen and Company reiterated a “buy” rating and issued a $41.00 target price (down from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, June 26th. BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Monday. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $36.00 target price on shares of Booz Allen Hamilton Holdi

A number of other hedge funds also recently bought and sold shares of the business. M&T Bank Corp lifted its stake in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after buying an additional 65 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock valued at $390,000 after buying an additional 66 shares during the last quarter. Somerset Trust Co lifted its stake in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock valued at $457,000 after buying an additional 75 shares during the last quarter. Comerica Bank lifted its stake in Booz Allen Hamilton Holding Corporation by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock valued at $314,000 after buying an additional 237 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in Booz Allen Hamilton Holding Corporation by 7.8% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after buying an additional 250 shares during the last quarter. Institutional investors own 93.62% of the company’s stock.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded down 0.21% during midday trading on Wednesday, hitting $37.71. 35,012 shares of the company were exchanged. Booz Allen Hamilton Holding Corporation has a one year low of $29.63 and a one year high of $39.67. The company’s 50 day moving average price is $35.80 and its 200 day moving average price is $35.31. The firm has a market cap of $5.61 billion, a P/E ratio of 21.64 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last announced its earnings results on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.47 by $0.06. The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 earnings per share. Equities analysts expect that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current year.

In other Booz Allen Hamilton Holding Corporation news, Director Ian Fujiyama bought 15,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were bought at an average price of $33.26 per share, for a total transaction of $498,900.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Clare bought 10,000 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were acquired at an average price of $32.30 per share, for a total transaction of $323,000.00. The disclosure for this purchase can be found here. Insiders have sold 150,407 shares of company stock worth $5,434,430 in the last 90 days. Company insiders own 3.04% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Cubist Systematic Strategies LLC Buys 15,906 Shares of Booz Allen Hamilton Holding Corporation (BAH)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://ledgergazette.com/2017/10/11/cubist-systematic-strategies-llc-buys-15906-shares-of-booz-allen-hamilton-holding-corporation-bah.html.

BAH has been the topic of a number of recent research reports. Cowen and Company reiterated a “buy” rating and issued a $41.00 target price (down from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, June 26th. BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Monday. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $36.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, September 21st. Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $38.50.

Booz Allen Hamilton Holding Corporation Profile

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

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Institutional Ownership by Quarter for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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