SG Americas Securities LLC Buys Shares of 2,877 Booz Allen Hamilton Holding Co. (NYSE:BAH)

SG Americas Securities LLC purchased a new stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 2,877 shares of the business services provider’s stock, valued at approximately $102,000.

Other institutional investors have also recently bought and sold shares of the company. Comerica Bank boosted its position in Booz Allen Hamilton Holding by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock worth $314,000 after buying an additional 237 shares during the last quarter. World Asset Management Inc boosted its position in shares of Booz Allen Hamilton Holding by 17.4% in the first quarter. World Asset Management Inc now owns 6,765 shares of the business services provider’s stock worth $239,000 after buying an additional 1,002 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Booz Allen Hamilton Holding by 7.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 18,168 shares of the business services provider’s stock worth $643,000 after buying an additional 1,182 shares in the last quarter. Point View Wealth Management Inc. boosted its position in shares of Booz Allen Hamilton Holding by 14.6% in the first quarter. Point View Wealth Management Inc. now owns 12,434 shares of the business services provider’s stock worth $440,000 after buying an additional 1,582 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in shares of Booz Allen Hamilton Holding by 13.1% in the first quarter. Stifel Financial Corp now owns 17,273 shares of the business services provider’s stock worth $613,000 after buying an additional 2,004 shares in the last quarter. 95.17% of the stock is owned by institutional investors.

Shares of Booz Allen Hamilton Holding Co. (NYSE BAH) traded up 1.81% during mid-day trading on Friday, hitting $33.26. 1,818,867 shares of the stock traded hands. The company’s 50 day moving average is $33.39 and its 200 day moving average is $35.36. Booz Allen Hamilton Holding Co. has a one year low of $29.55 and a one year high of $39.67. The firm has a market capitalization of $4.94 billion, a P/E ratio of 19.08 and a beta of 1.31.

Booz Allen Hamilton Holding (NYSE:BAH) last announced its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.06. The firm had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding had a return on equity of 54.01% and a net margin of 5.33%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 earnings per share. On average, equities analysts expect that Booz Allen Hamilton Holding Co. will post $1.91 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Monday, August 14th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.04%. This is a boost from Booz Allen Hamilton Holding’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, August 10th. Booz Allen Hamilton Holding’s dividend payout ratio is 38.86%.

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Several equities research analysts have commented on BAH shares. Cowen and Company restated a “buy” rating and issued a $41.00 price target (down previously from $46.00) on shares of Booz Allen Hamilton Holding in a research note on Monday, June 26th. Barclays PLC lowered shares of Booz Allen Hamilton Holding from an “overweight” rating to an “equal weight” rating and set a $38.00 price objective on the stock. in a research note on Monday, May 1st. Jefferies Group LLC cut shares of Booz Allen Hamilton Holding from a “buy” rating to a “hold” rating and set a $36.00 target price for the company. in a report on Monday, July 17th. Zacks Investment Research cut shares of Booz Allen Hamilton Holding from a “buy” rating to a “hold” rating in a report on Tuesday, May 16th. Finally, Drexel Hamilton lowered shares of Booz Allen Hamilton Holding from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $39.67 to $27.47 in a research note on Friday, June 16th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $37.35.

In other news, CAO Joseph W. Mahaffee sold 50,000 shares of the stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $39.00, for a total transaction of $1,950,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Lloyd Howell, Jr. sold 24,140 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $38.51, for a total value of $929,631.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 239,140 shares of company stock worth $9,225,081. 3.04% of the stock is owned by company insiders.

Booz Allen Hamilton Holding Company Profile

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.

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

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