Teacher Retirement System of Texas Buys 38,505 Shares of Booz Allen Hamilton Holding Co. (BAH)

Teacher Retirement System of Texas grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 315.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,722 shares of the business services provider’s stock after buying an additional 38,505 shares during the period. Teacher Retirement System of Texas’ holdings in Booz Allen Hamilton were worth $1,934,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its position in Booz Allen Hamilton by 7.4% during the third quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock worth $136,676,000 after buying an additional 250,461 shares in the last quarter. Citadel Advisors LLC increased its position in Booz Allen Hamilton by 120.4% during the third quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock worth $107,583,000 after buying an additional 1,571,542 shares in the last quarter. State Street Corp increased its position in Booz Allen Hamilton by 16.9% during the second quarter. State Street Corp now owns 2,089,293 shares of the business services provider’s stock worth $67,989,000 after buying an additional 301,926 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Booz Allen Hamilton by 5.8% during the second quarter. Dimensional Fund Advisors LP now owns 905,275 shares of the business services provider’s stock worth $29,457,000 after buying an additional 50,014 shares in the last quarter. Finally, Artemis Investment Management LLP increased its position in Booz Allen Hamilton by 78.6% during the third quarter. Artemis Investment Management LLP now owns 885,534 shares of the business services provider’s stock worth $33,106,000 after buying an additional 389,614 shares in the last quarter. 92.97% of the stock is owned by institutional investors.

In related news, insider Karen M. Dahut sold 46,406 shares of Booz Allen Hamilton stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total value of $1,857,632.18. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Susan L. Penfield sold 30,022 shares of Booz Allen Hamilton stock in a transaction on Wednesday, December 6th. The shares were 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. Insiders sold 182,135 shares of company stock worth $7,226,660 in the last quarter. 3.04% of the stock is owned by insiders.

Several equities analysts have weighed in on BAH shares. ValuEngine downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Jefferies Group raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Zacks Investment Research raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Wednesday, November 8th. Stifel Nicolaus started coverage on Booz Allen Hamilton in a research report on Tuesday, November 21st. They issued a “buy” rating and a $46.00 price objective for the company. Finally, SunTrust Banks started coverage on Booz Allen Hamilton in a research report on Friday, December 1st. They issued a “buy” rating and a $47.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $41.32.

Booz Allen Hamilton Holding Co. (BAH) opened at $38.50 on Friday. Booz Allen Hamilton Holding Co. has a fifty-two week low of $31.06 and a fifty-two week high of $40.25. The firm has a market capitalization of $5,521.09, a price-to-earnings ratio of 19.62, a P/E/G ratio of 1.91 and a beta of 1.30. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.05. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the firm earned $0.38 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. equities analysts forecast that Booz Allen Hamilton Holding Co. will post 1.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.76 dividend on an annualized basis and a yield of 1.97%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 39.79%.

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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.

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

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