Booz Allen Hamilton Holding Co. (BAH) Stake Lifted by Citadel Advisors LLC

Citadel Advisors LLC grew its position in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 120.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,877,330 shares of the business services provider’s stock after purchasing an additional 1,571,542 shares during the period. Citadel Advisors LLC owned approximately 1.97% of Booz Allen Hamilton worth $107,583,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its stake in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after purchasing an additional 49 shares during the last quarter. M&T Bank Corp grew its position in Booz Allen Hamilton by 0.5% in the 2nd quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock worth $454,000 after purchasing an additional 65 shares during the last quarter. Teacher Retirement System of Texas grew its position in Booz Allen Hamilton by 0.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after purchasing an additional 66 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Booz Allen Hamilton by 1.3% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 21,681 shares of the business services provider’s stock worth $705,000 after acquiring an additional 280 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Booz Allen Hamilton by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after acquiring an additional 347 shares during the period. Institutional investors and hedge funds own 92.60% of the company’s stock.

Booz Allen Hamilton Holding Co. (BAH) opened at $38.56 on Wednesday. The company has a market cap of $5,628.34, a PE ratio of 20.98, a PEG ratio of 2.39 and a beta of 1.28. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Co. has a fifty-two week low of $31.06 and a fifty-two week high of $39.67.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business earned $0.46 EPS. equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 1.91 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Tuesday, November 14th were given a dividend of $0.17 per share. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Monday, November 13th. This represents a $0.68 annualized dividend and a dividend yield of 1.76%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.57%.

BAH has been the subject of several analyst reports. Cowen reissued a “buy” rating and set a $50.00 price target (up from $41.00) on shares of Booz Allen Hamilton in a report on Thursday, October 12th. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Wednesday, November 8th. BidaskClub cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. ValuEngine lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Finally, Stifel Nicolaus began coverage on shares of Booz Allen Hamilton in a research report on Tuesday, November 21st. They issued a “buy” rating and a $46.00 price objective on the stock. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $40.95.

In other news, insider Karen M. Dahut sold 46,406 shares of Booz Allen Hamilton stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total transaction of $1,764,356.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Horacio Rozanski sold 30,000 shares of Booz Allen Hamilton stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $36.01, for a total value of $1,080,300.00. The disclosure for this sale can be found here. In the last three months, insiders sold 104,406 shares of company stock valued at $3,871,976. 3.04% of the stock is currently owned by insiders.

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Booz Allen Hamilton Company 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.

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

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