Majedie Asset Management Ltd grew its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 332,258 shares of the business services provider’s stock after buying an additional 15,801 shares during the period. Booz Allen Hamilton Holding Corporation accounts for 1.0% of Majedie Asset Management Ltd’s holdings, making the stock its 26th biggest position. Majedie Asset Management Ltd owned 0.23% of Booz Allen Hamilton Holding Corporation worth $12,423,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of BAH. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Booz Allen Hamilton Holding Corporation by 72.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,942 shares of the business services provider’s stock worth $409,000 after purchasing an additional 4,598 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Booz Allen Hamilton Holding Corporation by 8.8% during the third quarter. Pacer Advisors Inc. now owns 23,155 shares of the business services provider’s stock worth $866,000 after purchasing an additional 1,873 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Booz Allen Hamilton Holding Corporation 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 purchasing an additional 250,461 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Booz Allen Hamilton Holding Corporation by 220.4% during the third quarter. SG Americas Securities LLC now owns 39,499 shares of the business services provider’s stock worth $1,477,000 after purchasing an additional 27,171 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Booz Allen Hamilton Holding Corporation by 33.4% during the third quarter. Russell Investments Group Ltd. now owns 57,778 shares of the business services provider’s stock worth $2,160,000 after purchasing an additional 14,465 shares during the last quarter. 95.64% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Holding Corporation (BAH) traded down $0.31 during mid-day trading on Thursday, reaching $37.45. 602,683 shares of the company traded hands, compared to its average volume of 1,156,042. The firm has a market capitalization of $5,505.86, a price-to-earnings ratio of 20.52, a PEG ratio of 2.34 and a beta of 1.28. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Corporation has a 52 week low of $31.06 and a 52 week high of $39.67.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings results on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. Booz Allen Hamilton Holding Corporation had a net margin of 4.52% and a return on equity of 48.30%. The firm’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business earned $0.46 earnings per share. research analysts predict that Booz Allen Hamilton Holding Corporation will post 1.92 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 14th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Monday, November 13th. This is a positive change from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is currently 37.57%.

BAH has been the subject of several recent research reports. Cowen and Company reissued a “buy” rating and set a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Monday, August 7th. BidaskClub cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Jefferies Group LLC reissued a “hold” rating and set a $36.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Thursday, September 21st. Vertical Research raised shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Tuesday, October 3rd. Finally, Zacks Investment Research raised shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, October 9th. Six 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’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $40.35.

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In related news, EVP Elizabeth M. Thompson sold 10,000 shares of the firm’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $33.77, for a total transaction of $337,700.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Karen M. Dahut sold 46,406 shares of the firm’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $38.02, for a total transaction of $1,764,356.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 114,407 shares of company stock worth $4,209,710. 3.04% of the stock is owned by company insiders.

Booz Allen Hamilton Holding Corporation 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 Holding Corporation (NYSE:BAH)

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