Evermay Wealth Management LLC bought a new position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,390 shares of the business services provider’s stock, valued at approximately $371,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Booz Allen Hamilton Holding Corporation by 73.8% in the first quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock worth $19,022,000 after buying an additional 228,253 shares during the period. Findlay Park Partners LLP acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth about $86,306,000. CIBC World Markets Inc. acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth about $1,538,000. William Blair Investment Management LLC raised its position in shares of Booz Allen Hamilton Holding Corporation by 9.5% in the first quarter. William Blair Investment Management LLC now owns 7,762,874 shares of the business services provider’s stock worth $274,728,000 after buying an additional 672,544 shares during the period. Finally, Credit Suisse AG raised its position in shares of Booz Allen Hamilton Holding Corporation by 29.5% in the first quarter. Credit Suisse AG now owns 371,558 shares of the business services provider’s stock worth $13,149,000 after buying an additional 84,586 shares during the period. Hedge funds and other institutional investors own 95.17% of the company’s stock.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 32.30 on Thursday. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of 19.40 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a one year low of $29.55 and a one year high of $39.67. The firm has a 50-day moving average price of $33.37 and a 200-day moving average price of $35.40.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its earnings results on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. Booz Allen Hamilton Holding Corporation’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. On average, equities analysts predict that Booz Allen Hamilton Holding Corporation will post $1.91 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 14th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.11%. This is an increase from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 38.86%.

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A number of research analysts have recently issued reports on BAH shares. Drexel Hamilton lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their target price for the company from $39.67 to $27.47 in a research report on Friday, June 16th. Cowen and Company reiterated a “buy” rating and set a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday. Bank of America Corporation lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research report on Friday, June 16th. Finally, Barclays PLC lowered Booz Allen Hamilton Holding Corporation from an “overweight” rating to an “equal weight” rating and set a $38.00 target price on the stock. in a research report on Monday, May 1st. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $37.35.

In other Booz Allen Hamilton Holding Corporation news, CFO Lloyd Howell, Jr. sold 45,000 shares of the business’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $39.01, for a total transaction of $1,755,450.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Joseph W. Mahaffee sold 50,000 shares of the business’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $39.00, for a total value of $1,950,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 239,140 shares of company stock worth $9,225,081. 3.04% of the stock is owned by company insiders.

About Booz Allen Hamilton Holding Corporation

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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