Russell Investments Group Ltd. Has $2.16 Million Holdings in Booz Allen Hamilton Holding Co. (BAH)

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 the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,778 shares of the business services provider’s stock after buying an additional 14,465 shares during the period. Russell Investments Group Ltd.’s holdings in Booz Allen Hamilton were worth $2,160,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. lifted its stake in 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 valued at $593,000 after acquiring an additional 49 shares during the period. M&T Bank Corp increased its position in shares of Booz Allen Hamilton by 0.5% during the 2nd quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after purchasing an additional 65 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position 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 valued at $705,000 after purchasing an additional 280 shares during the last quarter. The Manufacturers Life Insurance Company increased its position 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 valued at $150,000 after purchasing an additional 347 shares during the last quarter. Finally, Advisor Group Inc. increased its position in shares of 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 valued at $113,000 after purchasing an additional 405 shares during the last quarter. Hedge funds and other institutional investors own 92.81% of the company’s stock.

Several research firms have recently commented on BAH. Stifel Nicolaus reaffirmed a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday. SunTrust Banks started coverage on shares of Booz Allen Hamilton in a report on Friday, December 1st. They issued a “buy” rating and a $47.00 target price for the company. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Wednesday, November 8th. Jefferies Group raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, ValuEngine lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Six investment 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’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $41.32.

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) traded up $0.04 on Friday, reaching $39.29. The company had a trading volume of 818,314 shares, compared to its average volume of 701,369. The company has a market capitalization of $5,730.00, a P/E ratio of 21.83, a PEG ratio of 2.38 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 quick ratio of 1.49 and a current ratio of 1.49.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Booz Allen Hamilton had a return on equity of 48.30% and a net margin of 4.52%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the firm posted $0.46 earnings per share. The business’s revenue was up 10.6% compared to the same quarter last year. sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 1.95 EPS for the current year.

In other news, insider Susan L. Penfield sold 30,022 shares of the firm’s stock in a transaction on 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 SEC, which is accessible through this link. Also, CFO Lloyd Howell, Jr. sold 11,745 shares of the firm’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $39.50, for a total value of $463,927.50. The disclosure for this sale can be found here. Company insiders own 3.04% of the company’s stock.

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Booz Allen Hamilton 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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