Artemis Investment Management LLP decreased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 20.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 495,920 shares of the business services provider’s stock after selling 130,224 shares during the period. Artemis Investment Management LLP owned 0.34% of Booz Allen Hamilton Holding Corporation worth $16,135,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas increased its stake in Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after buying an additional 66 shares during the last quarter. Somerset Trust Co increased its stake in Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock worth $457,000 after buying an additional 75 shares during the last quarter. Coe Capital Management LLC increased its stake in Booz Allen Hamilton Holding Corporation by 0.4% in the first quarter. Coe Capital Management LLC now owns 44,865 shares of the business services provider’s stock worth $1,588,000 after buying an additional 195 shares during the last quarter. Blair William & Co. IL increased its stake in Booz Allen Hamilton Holding Corporation by 0.7% in the first quarter. Blair William & Co. IL now owns 29,436 shares of the business services provider’s stock worth $1,043,000 after buying an additional 201 shares during the last quarter. Finally, Comerica Bank increased its stake in Booz Allen Hamilton Holding Corporation by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock worth $314,000 after buying an additional 237 shares during the last quarter. Institutional investors and hedge funds own 93.63% of the company’s stock.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 34.11 on Friday. The stock has a market cap of $5.07 billion, a P/E ratio of 19.57 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 12-month low of $29.55 and a 12-month high of $39.67. The stock has a 50 day moving average price of $33.78 and a 200 day moving average price of $35.28.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a net margin of 4.50% and a return on equity of 48.35%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the firm earned $0.46 EPS. The business’s revenue was up 5.0% on a year-over-year basis. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Monday, August 14th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.99%. This is a boost from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is currently 38.86%.

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A number of research firms have weighed in on BAH. Cowen and Company restated an “outperform” rating and set a $43.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Tuesday, July 4th. BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Wells Fargo & Company restated an “outperform” rating and set a $40.00 price target (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a research report on Friday, June 16th. Vertical Research downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and lowered their price target for the company from $42.00 to $36.00 in a research report on Friday, June 16th. Finally, Jefferies Group LLC downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price target on the stock. in a research report on Monday, July 17th. Eight investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation has a consensus rating of “Hold” and a consensus price target of $37.35.

In other news, EVP Elizabeth M. Thompson sold 10,000 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $33.77, for a total transaction of $337,700.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ian Fujiyama bought 15,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were acquired at an average price of $33.26 per share, for a total transaction of $498,900.00. The disclosure for this purchase can be found here. Insiders have sold a total of 46,001 shares of company stock worth $1,562,454 over the last 90 days. Corporate insiders own 3.04% of the company’s stock.

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

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