Booz Allen Hamilton Holding Co. (BAH) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 33.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,778 shares of the business services provider’s stock after purchasing an additional 14,465 shares during the period. Russell Investments Group Ltd.’s holdings in Booz Allen Hamilton were worth $2,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of BAH. Public Employees Retirement Association of Colorado increased its holdings in shares of Booz Allen Hamilton by 27.8% during the second quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 1,001 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of Booz Allen Hamilton by 6.6% during the second quarter. Great West Life Assurance Co. Can now owns 21,547 shares of the business services provider’s stock valued at $700,000 after purchasing an additional 1,335 shares during the period. TD Asset Management Inc. increased its holdings in shares of Booz Allen Hamilton by 52.6% during the second quarter. TD Asset Management Inc. now owns 41,800 shares of the business services provider’s stock valued at $1,360,000 after purchasing an additional 14,400 shares during the period. Schwab Charles Investment Management Inc. increased its holdings in shares of Booz Allen Hamilton by 1.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 765,983 shares of the business services provider’s stock valued at $24,926,000 after purchasing an additional 13,404 shares during the period. Finally, Rhumbline Advisers increased its holdings in shares of Booz Allen Hamilton by 18.0% during the second quarter. Rhumbline Advisers now owns 160,737 shares of the business services provider’s stock valued at $5,230,000 after purchasing an additional 24,501 shares during the period. 92.81% of the stock is currently owned by institutional investors.

In other Booz Allen Hamilton news, insider Susan L. Penfield sold 30,022 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $38.31, for a total transaction of $1,150,142.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Elizabeth M. Thompson sold 28,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $36.69, for a total value of $1,027,320.00. The disclosure for this sale can be found here. Insiders sold a total of 104,428 shares of company stock worth $3,941,819 in the last three months. 3.04% of the stock is currently owned by company insiders.

A number of research analysts recently issued reports on BAH shares. SunTrust Banks started coverage on Booz Allen Hamilton in a report on Friday, December 1st. They set a “buy” rating and a $47.00 target price on the stock. ValuEngine lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Zacks Investment Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Wells Fargo & Company lifted their target price on Booz Allen Hamilton from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Finally, Vertical Research raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Tuesday, October 3rd. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $40.95.

Booz Allen Hamilton Holding Co. (BAH) opened at $38.66 on Friday. The firm has a market capitalization of $5,663.34, a PE ratio of 21.11, a P/E/G ratio of 2.39 and a beta of 1.28. Booz Allen Hamilton Holding Co. has a 12 month low of $31.06 and a 12 month high of $39.67. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.49 and a quick ratio of 1.49.

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, topping the Zacks’ consensus estimate of $0.46 by $0.02. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Booz Allen Hamilton had a return on equity of 48.30% and a net margin of 4.52%. Booz Allen Hamilton’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. analysts expect that Booz Allen Hamilton Holding Co. will post 1.91 earnings per share for the current fiscal year.

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

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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.

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

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