7,731 Shares in Booz Allen Hamilton Holding Co. (NYSE:BAH) Acquired by We Are One Seven LLC

We Are One Seven LLC purchased a new position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,731 shares of the business services provider’s stock, valued at approximately $549,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Point72 Asset Management L.P. acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $26,000. Pearl River Capital LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $33,000. Capital Investment Advisory Services LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $42,000. Point72 Hong Kong Ltd acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $89,000. Finally, Cerebellum GP LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $94,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

BAH opened at $71.48 on Friday. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.75 and a quick ratio of 1.75. The business has a 50 day simple moving average of $72.33 and a 200-day simple moving average of $66.14. The stock has a market capitalization of $9.93 billion, a P/E ratio of 24.69, a P/E/G ratio of 1.77 and a beta of 0.92. Booz Allen Hamilton Holding Co. has a 12 month low of $43.24 and a 12 month high of $78.01.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Monday, July 29th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.72 by $0.11. The business had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Booz Allen Hamilton had a return on equity of 59.44% and a net margin of 6.27%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. Research analysts anticipate that Booz Allen Hamilton Holding Co. will post 3.07 EPS for the current year.

A number of analysts have weighed in on the company. Cowen set a $85.00 price objective on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. assumed coverage on Booz Allen Hamilton in a research report on Tuesday, September 24th. They set a “neutral” rating and a $77.00 price objective for the company. ValuEngine cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Citigroup increased their price objective on Booz Allen Hamilton from $65.00 to $71.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 30th. Finally, Zacks Investment Research raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Friday, June 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $70.25.

In related news, insider Horacio Rozanski sold 31,000 shares of Booz Allen Hamilton stock in a transaction on Monday, July 15th. The stock was sold at an average price of $68.77, for a total transaction of $2,131,870.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Nancy Laben sold 35,389 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $70.27, for a total value of $2,486,785.03. The disclosure for this sale can be found here. Insiders sold a total of 122,729 shares of company stock valued at $8,582,615 over the last three months. Insiders own 2.60% 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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Institutional Ownership by Quarter for Booz Allen Hamilton (NYSE:BAH)

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