D.A. Davidson & CO. Sells 169 Shares of Booz Allen Hamilton Holding Corporation (BAH)

D.A. Davidson & CO. lessened its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,113 shares of the business services provider’s stock after selling 169 shares during the quarter. D.A. Davidson & CO.’s holdings in Booz Allen Hamilton Holding Corporation were worth $166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of BAH. SG Americas Securities LLC acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth about $102,000. Nomura Asset Management Co. Ltd. lifted its stake in shares of Booz Allen Hamilton Holding Corporation by 7.8% during the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock worth $123,000 after purchasing an additional 250 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its stake in shares of Booz Allen Hamilton Holding Corporation by 27.8% during the second quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock worth $150,000 after purchasing an additional 1,001 shares in the last quarter. Fiduciary Trust Co. acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the second quarter worth about $217,000. Finally, World Asset Management Inc lifted its stake in shares of Booz Allen Hamilton Holding Corporation by 7.4% during the second quarter. World Asset Management Inc now owns 7,263 shares of the business services provider’s stock worth $236,000 after purchasing an additional 498 shares in the last quarter. Institutional investors own 93.62% of the company’s stock.

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Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 37.69 on Friday. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 21.62 and a beta of 1.30. Booz Allen Hamilton Holding Corporation has a one year low of $29.63 and a one year high of $39.67. The company has a 50-day moving average price of $35.58 and a 200 day moving average price of $35.31.

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, topping analysts’ consensus estimates of $0.47 by $0.06. The firm had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton Holding Corporation had a net margin of 4.50% and a return on equity of 48.35%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current fiscal year.

In other Booz Allen Hamilton Holding Corporation news, Director Peter J. Clare purchased 10,000 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was purchased at an average price of $32.30 per share, for a total transaction of $323,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Karen M. Dahut sold 46,406 shares of the firm’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total transaction of $1,764,356.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 150,407 shares of company stock valued at $5,434,430. Corporate insiders own 3.04% of the company’s stock.

Several research firms recently commented on BAH. BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Cowen and Company reiterated an “outperform” rating and issued a $43.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research note on Tuesday, July 4th. Jefferies Group LLC cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price target on the stock. in a research note on Monday, July 17th. Vertical Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price target for the stock from $42.00 to $36.00 in a research note on Friday, June 16th. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $40.00 price target (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Six investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $38.06.

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.

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

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