Cambiar Investors LLC lowered its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 0.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 89,526 shares of the business services provider’s stock after selling 843 shares during the period. Cambiar Investors LLC’s holdings in Booz Allen Hamilton were worth $5,205,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in Booz Allen Hamilton by 541.4% during the third quarter. JPMorgan Chase & Co. now owns 1,885,425 shares of the business services provider’s stock worth $93,574,000 after buying an additional 1,591,484 shares during the last quarter. Morgan Stanley grew its stake in Booz Allen Hamilton by 157.0% during the third quarter. Morgan Stanley now owns 401,352 shares of the business services provider’s stock worth $19,919,000 after buying an additional 245,164 shares during the last quarter. Federated Investors Inc. PA grew its stake in Booz Allen Hamilton by 14.8% during the third quarter. Federated Investors Inc. PA now owns 157,226 shares of the business services provider’s stock worth $7,803,000 after buying an additional 20,282 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Booz Allen Hamilton by 35.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 119,986 shares of the business services provider’s stock worth $5,408,000 after buying an additional 31,691 shares during the last quarter. Finally, CWM LLC grew its stake in Booz Allen Hamilton by 81.9% during the fourth quarter. CWM LLC now owns 815 shares of the business services provider’s stock worth $37,000 after buying an additional 367 shares during the last quarter. 96.36% of the stock is owned by institutional investors and hedge funds.

In other news, EVP Nancy Laben sold 15,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $55.02, for a total transaction of $825,300.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Christopher Ling sold 13,625 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $53.32, for a total transaction of $726,485.00. The disclosure for this sale can be found here. 3.56% of the stock is owned by corporate insiders.

Shares of Booz Allen Hamilton stock opened at $61.74 on Wednesday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.54. The stock has a market cap of $8.62 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 1.42 and a beta of 1.06. Booz Allen Hamilton Holding Co. has a 1-year low of $41.00 and a 1-year high of $61.95.

BAH has been the topic of several research analyst reports. Wells Fargo & Co set a $58.00 price objective on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a research note on Saturday, February 2nd. Zacks Investment Research cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Tuesday, April 9th. Finally, Goldman Sachs Group initiated coverage on shares of Booz Allen Hamilton in a research note on Thursday, May 9th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $53.63.

WARNING: This article was originally published by Watch List News and is owned by of Watch List News. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.watchlistnews.com/cambiar-investors-llc-sells-843-shares-of-booz-allen-hamilton-holding-co-bah/3018547.html.

Booz Allen Hamilton Company 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.

Featured Article: What is an overbought condition?

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co. (NYSE:BAH).

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

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.