3,014 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Purchased by First Quadrant L P CA

First Quadrant L P CA acquired a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,014 shares of the business services provider’s stock, valued at approximately $234,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Sunbelt Securities Inc. purchased a new stake in Booz Allen Hamilton during the 4th quarter valued at about $2,650,000. Benjamin Edwards Inc. grew its position in Booz Allen Hamilton by 2.6% during the 1st quarter. Benjamin Edwards Inc. now owns 7,137 shares of the business services provider’s stock valued at $490,000 after purchasing an additional 179 shares during the last quarter. Vident Investment Advisory LLC boosted its holdings in shares of Booz Allen Hamilton by 3.2% during the 1st quarter. Vident Investment Advisory LLC now owns 5,739 shares of the business services provider’s stock valued at $394,000 after acquiring an additional 180 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Booz Allen Hamilton by 5.3% during the 1st quarter. Park Avenue Securities LLC now owns 4,064 shares of the business services provider’s stock valued at $279,000 after acquiring an additional 203 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its holdings in shares of Booz Allen Hamilton by 1.5% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 15,341 shares of the business services provider’s stock valued at $1,053,000 after acquiring an additional 225 shares during the last quarter. 91.41% of the stock is currently owned by institutional investors.

A number of analysts have recently issued reports on the stock. Wells Fargo & Co reaffirmed a “buy” rating on shares of Booz Allen Hamilton in a report on Friday. Goldman Sachs Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “neutral” rating and dropped their price target for the company from $88.00 to $79.00 in a report on Monday, April 20th. Citigroup raised shares of Booz Allen Hamilton from a “neutral” rating to a “buy” rating and raised their price target for the company from $80.00 to $90.00 in a report on Monday, April 20th. Morgan Stanley raised their price target on shares of Booz Allen Hamilton from $79.00 to $84.00 and gave the company an “overweight” rating in a report on Tuesday, April 14th. Finally, Cowen assumed coverage on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. They set a “buy” rating and a $82.00 price target on the stock. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $82.42.

In other Booz Allen Hamilton news, EVP Elizabeth M. Thompson sold 15,000 shares of Booz Allen Hamilton stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $80.20, for a total transaction of $1,203,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gretchen W. Mcclain sold 2,000 shares of Booz Allen Hamilton stock in a transaction on Friday, May 29th. The stock was sold at an average price of $78.13, for a total transaction of $156,260.00. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

BAH opened at $81.76 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 2.66. The company has a market cap of $11.30 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 2.17 and a beta of 0.81. The company’s 50 day moving average is $76.17 and its 200 day moving average is $74.79. Booz Allen Hamilton Holding Co. has a 12-month low of $54.37 and a 12-month high of $82.22.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, July 31st. The business services provider reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Booz Allen Hamilton had a net margin of 6.47% and a return on equity of 53.41%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.83 EPS. As a group, analysts predict that Booz Allen Hamilton Holding Co. will post 3.55 EPS for the current fiscal year.

Booz Allen Hamilton Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

Further Reading: Understanding Average Daily Trade Volume

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

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