Booz Allen Hamilton Holding Co. (BAH) Stake Decreased by First Trust Advisors LP

First Trust Advisors LP decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 93.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,229 shares of the business services provider’s stock after selling 271,894 shares during the period. First Trust Advisors LP’s holdings in Booz Allen Hamilton were worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BAH. Ameriprise Financial Inc. increased its holdings in shares of Booz Allen Hamilton by 92.5% during the second quarter. Ameriprise Financial Inc. now owns 3,405,492 shares of the business services provider’s stock worth $110,798,000 after buying an additional 1,636,510 shares in the last quarter. TimesSquare Capital Management LLC increased its holdings in shares of Booz Allen Hamilton by 34.9% during the second quarter. TimesSquare Capital Management LLC now owns 6,148,375 shares of the business services provider’s stock worth $200,068,000 after buying an additional 1,589,920 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Booz Allen Hamilton by 12,218.8% during the second quarter. Citadel Advisors LLC now owns 1,305,788 shares of the business services provider’s stock worth $42,490,000 after buying an additional 1,295,188 shares in the last quarter. Findlay Park Partners LLP increased its holdings in shares of Booz Allen Hamilton by 51.7% during the second quarter. Findlay Park Partners LLP now owns 3,700,000 shares of the business services provider’s stock worth $120,398,000 after buying an additional 1,261,292 shares in the last quarter. Finally, Southpoint Capital Advisors LP acquired a new stake in shares of Booz Allen Hamilton during the second quarter worth approximately $19,524,000. 92.60% of the stock is owned by institutional investors.

Shares of Booz Allen Hamilton Holding Co. (NYSE BAH) opened at $38.12 on Thursday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. The firm has a market cap of $5,622.51, a P/E ratio of 20.96, a P/E/G ratio of 2.39 and a beta of 1.28. 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 results on Monday, November 6th. The business services provider reported $0.48 earnings per share 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%. Booz Allen Hamilton’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. research analysts expect that Booz Allen Hamilton Holding Co. will post 1.91 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Tuesday, November 14th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend was Monday, November 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.13. Booz Allen Hamilton’s payout ratio is currently 37.57%.

In other Booz Allen Hamilton news, EVP Elizabeth M. Thompson sold 28,000 shares of Booz Allen Hamilton stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $36.69, for a total transaction of $1,027,320.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 disclosure for this sale can be found here. Insiders have sold a total of 104,406 shares of company stock valued at $3,871,976 in the last ninety days. Company insiders own 3.04% of the company’s stock.

BAH has been the subject of several recent analyst reports. BidaskClub lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Jefferies Group reaffirmed a “hold” rating and set a $36.00 price objective on shares of Booz Allen Hamilton in a report on Thursday, September 21st. Vertical Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a report on Tuesday, October 3rd. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a report on Monday, October 9th. Finally, Cowen reaffirmed a “buy” rating and set a $50.00 price objective (up previously from $41.00) on shares of Booz Allen Hamilton in a report on Thursday, October 12th. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $40.95.

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About Booz Allen Hamilton

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 (NYSE:BAH)

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