Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by Boston Private Wealth LLC

Boston Private Wealth LLC decreased its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 6.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,577 shares of the business services provider’s stock after selling 1,310 shares during the quarter. Boston Private Wealth LLC’s holdings in Booz Allen Hamilton were worth $1,248,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in shares of Booz Allen Hamilton by 25,638.9% during the third quarter. Parallel Advisors LLC now owns 4,633 shares of the business services provider’s stock valued at $329,000 after purchasing an additional 4,615 shares in the last quarter. Bank OZK acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth about $1,389,000. Creative Planning raised its holdings in Booz Allen Hamilton by 1.5% during the 3rd quarter. Creative Planning now owns 19,238 shares of the business services provider’s stock worth $1,366,000 after buying an additional 287 shares during the period. First Mercantile Trust Co. acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth about $161,000. Finally, Congress Asset Management Co. MA acquired a new stake in Booz Allen Hamilton during the 3rd quarter worth about $77,513,000. 91.27% of the stock is owned by institutional investors.

NYSE:BAH traded down $0.04 on Friday, hitting $71.65. 611,140 shares of the company’s stock traded hands, compared to its average volume of 967,181. The company has a current ratio of 1.79, a quick ratio of 1.75 and a debt-to-equity ratio of 2.77. Booz Allen Hamilton Holding Co. has a 1 year low of $43.24 and a 1 year high of $78.01. The firm has a 50-day moving average price of $70.67 and a 200-day moving average price of $67.85. The company has a market cap of $10.00 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.76 and a beta of 0.90.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, November 1st. The business services provider reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.11. Booz Allen Hamilton had a return on equity of 57.89% and a net margin of 6.40%. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the previous year, the business posted $0.68 EPS. The business’s revenue for the quarter was up 12.7% on a year-over-year basis. On average, research analysts forecast that Booz Allen Hamilton Holding Co. will post 3.11 EPS for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, November 13th. This is a boost from Booz Allen Hamilton’s previous dividend of $0.13. Booz Allen Hamilton’s payout ratio is 33.33%.

Several research firms have issued reports on BAH. Morgan Stanley boosted their price objective on Booz Allen Hamilton from $76.00 to $78.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. ValuEngine downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Citigroup boosted their price objective on Booz Allen Hamilton from $65.00 to $71.00 and gave the stock a “neutral” rating in a report on Tuesday, July 30th. Wells Fargo & Co restated a “hold” rating on shares of Booz Allen Hamilton in a report on Friday, November 1st. Finally, SunTrust Banks lifted their target price on Booz Allen Hamilton to $88.00 and gave the company a “buy” rating in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $76.67.

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.

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

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