Booz Allen Hamilton Holding Corporation (BAH) Shares Bought by Aberdeen Asset Management PLC UK

Aberdeen Asset Management PLC UK raised its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 122.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,250 shares of the business services provider’s stock after purchasing an additional 22,693 shares during the quarter. Aberdeen Asset Management PLC UK’s holdings in Booz Allen Hamilton Holding Corporation were worth $1,342,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the 1st quarter valued at $102,000. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Booz Allen Hamilton Holding Corporation by 7.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after buying an additional 250 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of Booz Allen Hamilton Holding Corporation by 27.8% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after buying an additional 1,001 shares in the last quarter. Fiduciary Trust Co. bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the 2nd quarter valued at $217,000. Finally, World Asset Management Inc boosted its holdings in shares of Booz Allen Hamilton Holding Corporation by 7.4% during the 2nd quarter. World Asset Management Inc now owns 7,263 shares of the business services provider’s stock valued at $236,000 after buying an additional 498 shares in the last quarter. 93.62% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the stock. Cowen and Company restated an “outperform” rating and set a $43.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, July 4th. BidaskClub upgraded shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Jefferies Group LLC cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a report on Monday, July 17th. Wells Fargo & Company restated an “outperform” rating and set a $42.00 target price (up previously from $36.50) on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, May 23rd. Finally, Vertical Research cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the company from $42.00 to $36.00 in a report on Friday, June 16th. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation presently has an average rating of “Hold” and a consensus price target of $37.35.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 36.34 on Wednesday. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The company has a market cap of $5.40 billion, a PE ratio of 20.85 and a beta of 1.31. The company has a 50-day moving average of $34.19 and a 200-day moving average of $35.24.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last announced its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.47 by $0.06. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 earnings per share. On average, equities analysts expect that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Monday, August 14th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.87%. This is a positive change from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is currently 38.86%.

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In related news, Director Peter J. Clare acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The shares were bought at an average price of $32.30 per share, with a total value of $323,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ian Fujiyama acquired 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were bought at an average cost of $33.26 per share, for a total transaction of $498,900.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 46,001 shares of company stock worth $1,562,454. Insiders own 3.04% of the company’s stock.

Booz Allen Hamilton Holding Corporation 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 Corporation (NYSE:BAH)

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