TimesSquare Capital Management LLC grew its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 34.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,148,375 shares of the business services provider’s stock after purchasing an additional 1,589,920 shares during the period. Booz Allen Hamilton Holding Corporation makes up approximately 1.3% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 5th largest holding. TimesSquare Capital Management LLC owned 4.16% of Booz Allen Hamilton Holding Corporation worth $200,068,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter valued at $102,000. Nomura Asset Management Co. Ltd. increased its holdings 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 valued at $123,000 after purchasing an additional 250 shares during the period. Public Employees Retirement Association of Colorado increased its holdings 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 valued at $150,000 after purchasing an additional 1,001 shares during the period. Fiduciary Trust Co. acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the second quarter valued at $217,000. Finally, World Asset Management Inc increased its holdings 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 valued at $236,000 after purchasing an additional 498 shares during the period. 93.63% of the stock is currently owned by institutional investors.

A number of research analysts have recently commented on the company. Cowen and Company reissued an “outperform” rating and set a $43.00 price target on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, July 4th. BidaskClub raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Wells Fargo & Company reissued an “outperform” rating and set a $40.00 price target (down from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Vertical Research lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and lowered their price target for the company from $42.00 to $36.00 in a report on Friday, June 16th. Finally, Jefferies Group LLC lowered 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 report on Monday, July 17th. Eight research analysts have rated the stock with a hold rating, three have assigned 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 (BAH) traded down 0.29% on Thursday, reaching $34.64. The company had a trading volume of 138,226 shares. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The company’s 50 day moving average price is $33.89 and its 200-day moving average price is $35.30. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 19.87 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate 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 firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 earnings per share. On average, equities analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 14th were issued a $0.17 dividend. This is an increase from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. This represents a $0.68 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is 38.86%.

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In other Booz Allen Hamilton Holding Corporation news, EVP Elizabeth M. Thompson sold 10,000 shares of the stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $33.77, for a total value of $337,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ian Fujiyama purchased 15,000 shares of the stock in a transaction on Monday, August 14th. The stock was acquired at an average price of $33.26 per share, with a total value of $498,900.00. The disclosure for this purchase can be found here. Insiders sold 46,001 shares of company stock valued at $1,562,454 over the last 90 days. Corporate insiders own 3.04% of the company’s stock.

Booz Allen Hamilton Holding Corporation 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.

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

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