Lido Advisors LLC purchased a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 8,436 shares of the business services provider’s stock, valued at approximately $490,000.

Several other institutional investors have also modified their holdings of the stock. NumerixS Investment Technologies Inc increased its stake in shares of Booz Allen Hamilton by 44.7% in the 1st quarter. NumerixS Investment Technologies Inc now owns 6,800 shares of the business services provider’s stock worth $394,000 after acquiring an additional 2,100 shares in the last quarter. Swiss National Bank grew its position in Booz Allen Hamilton by 2.2% during the 1st quarter. Swiss National Bank now owns 259,457 shares of the business services provider’s stock valued at $15,085,000 after purchasing an additional 5,700 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Booz Allen Hamilton by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,032,834 shares of the business services provider’s stock valued at $60,049,000 after purchasing an additional 5,844 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Booz Allen Hamilton by 18.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 140,412 shares of the business services provider’s stock valued at $8,164,000 after purchasing an additional 21,765 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Booz Allen Hamilton by 31.5% during the 1st quarter. Wells Fargo & Company MN now owns 4,819,100 shares of the business services provider’s stock valued at $280,183,000 after purchasing an additional 1,154,785 shares during the last quarter. Institutional investors own 94.62% of the company’s stock.

Shares of NYSE BAH opened at $63.17 on Monday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 2.52. The stock has a market cap of $8.85 billion, a PE ratio of 22.89, a P/E/G ratio of 1.69 and a beta of 0.94. Booz Allen Hamilton Holding Co. has a 52-week low of $42.24 and a 52-week high of $63.81.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Tuesday, May 28th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. Booz Allen Hamilton had a net margin of 6.24% and a return on equity of 60.67%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. On average, equities research analysts forecast that Booz Allen Hamilton Holding Co. will post 3.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, June 13th. Booz Allen Hamilton’s payout ratio is presently 33.33%.

BAH has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Morgan Stanley initiated coverage on shares of Booz Allen Hamilton in a research report on Monday. They set an “overweight” rating and a $70.00 price objective on the stock. Jefferies Financial Group increased their price objective on shares of Booz Allen Hamilton from $61.00 to $69.00 and gave the company an “outperform” rating in a research report on Wednesday, May 29th. SunTrust Banks increased their price objective on shares of Booz Allen Hamilton to $69.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Finally, Goldman Sachs Group initiated coverage on shares of Booz Allen Hamilton in a research report on Thursday, May 9th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $59.90.

In other news, EVP Nancy Laben sold 15,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $55.02, for a total transaction of $825,300.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.56% of the company’s stock.

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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.

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

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