Engineers Gate Manager LP bought a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 36,804 shares of the business services provider’s stock, valued at approximately $1,403,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAH. Advisor Group Inc. grew its stake in Booz Allen Hamilton by 13.1% during the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after purchasing an additional 405 shares in the last quarter. Cerebellum GP LLC acquired a new position in Booz Allen Hamilton during the 4th quarter worth $126,000. The Manufacturers Life Insurance Company grew its stake in 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 purchasing an additional 347 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in Booz Allen Hamilton during the 2nd quarter worth $206,000. Finally, Koch Industries Inc. acquired a new position in Booz Allen Hamilton during the 2nd quarter worth $234,000. 92.70% of the stock is owned by hedge funds and other institutional investors.
Several research analysts recently commented on the company. Stifel Nicolaus reissued a “buy” rating and set a $50.00 target price on shares of Booz Allen Hamilton in a research note on Tuesday, January 9th. SunTrust Banks assumed coverage on Booz Allen Hamilton in a research note on Friday, December 1st. They set a “buy” rating and a $47.00 target price for the company. Cowen reissued a “buy” rating and set a $50.00 target price on shares of Booz Allen Hamilton in a research note on Monday. ValuEngine cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Finally, Zacks Investment Research cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Booz Allen Hamilton has a consensus rating of “Buy” and an average target price of $41.32.
Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.05. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 EPS. equities research analysts predict that Booz Allen Hamilton Holding Co. will post 1.93 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.19 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Tuesday, February 13th. Booz Allen Hamilton’s dividend payout ratio is currently 35.60%.
In other news, CEO Horacio Rozanski sold 35,870 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,435,876.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Susan L. Penfield sold 30,022 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $38.31, for a total value of $1,150,142.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 182,135 shares of company stock valued at $7,226,660. Insiders own 3.04% of the company’s stock.
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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