Flinton Capital Management LLC Takes $208,000 Position in Booz Allen Hamilton Holding Co. (BAH)
Flinton Capital Management LLC bought a new position in Booz Allen Hamilton Holding Co. (NYSE:BAH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,608 shares of the business services provider’s stock, valued at approximately $208,000.
A number of other large investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its holdings in Booz Allen Hamilton by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,026,990 shares of the business services provider’s stock worth $46,287,000 after purchasing an additional 24,868 shares in the last quarter. United Services Automobile Association lifted its holdings in Booz Allen Hamilton by 7.1% in the 4th quarter. United Services Automobile Association now owns 45,210 shares of the business services provider’s stock worth $2,038,000 after purchasing an additional 3,001 shares in the last quarter. Commonwealth Bank of Australia lifted its holdings in Booz Allen Hamilton by 8.6% in the 4th quarter. Commonwealth Bank of Australia now owns 29,100 shares of the business services provider’s stock worth $1,308,000 after purchasing an additional 2,300 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Booz Allen Hamilton by 82.5% in the 4th quarter. Hsbc Holdings PLC now owns 48,716 shares of the business services provider’s stock worth $2,196,000 after purchasing an additional 22,025 shares in the last quarter. Finally, OmniStar Financial Group Inc. purchased a new position in Booz Allen Hamilton in the 4th quarter worth approximately $519,000. 94.19% of the stock is currently owned by institutional investors and hedge funds.
BAH has been the topic of a number of research analyst reports. Wells Fargo & Co set a $58.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a report on Saturday, February 2nd. ValuEngine raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Friday, January 4th. Finally, Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Monday, January 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Booz Allen Hamilton has an average rating of “Buy” and an average price target of $53.63.
Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, February 1st. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a return on equity of 61.40% and a net margin of 6.31%. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The company’s revenue was up 13.1% compared to the same quarter last year. On average, equities analysts expect that Booz Allen Hamilton Holding Co. will post 2.72 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Thursday, February 14th were paid a $0.23 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, February 13th. This represents a $0.92 dividend on an annualized basis and a yield of 1.63%. Booz Allen Hamilton’s payout ratio is presently 45.77%.
In other news, EVP Nancy Laben sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $55.02, for a total transaction of $825,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Horacio Rozanski sold 45,000 shares of the business’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $49.00, for a total value of $2,205,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 98,625 shares of company stock worth $5,106,885. Corporate insiders own 3.56% of the company’s stock.
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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