Oppenheimer Asset Management Inc. raised its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 1.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,681 shares of the business services provider’s stock after acquiring an additional 280 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Booz Allen Hamilton Holding Corporation were worth $705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in Booz Allen Hamilton Holding Corporation during the 1st quarter valued at approximately $102,000. Nomura Asset Management Co. Ltd. raised its stake in 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 acquiring an additional 250 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in 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 acquiring an additional 1,001 shares during the last quarter. World Asset Management Inc raised its stake in 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 acquiring an additional 498 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. raised its stake in Booz Allen Hamilton Holding Corporation by 89.5% during the 1st quarter. NN Investment Partners Holdings N.V. now owns 7,200 shares of the business services provider’s stock valued at $255,000 after acquiring an additional 3,400 shares during the last quarter. 93.63% of the stock is owned by hedge funds and other institutional investors.

In other Booz Allen Hamilton Holding Corporation news, insider Karen M. Dahut sold 36,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $34.02, for a total value of $1,224,720.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter J. Clare bought 10,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was bought at an average price of $32.30 per share, with a total value of $323,000.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 46,001 shares of company stock valued at $1,562,454. 3.04% of the stock is currently owned by insiders.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 34.60 on Thursday. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The stock has a market capitalization of $5.14 billion, a P/E ratio of 19.85 and a beta of 1.31. The stock’s 50 day moving average price is $34.03 and its 200-day moving average price is $35.28.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 14th were paid 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 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend was Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 38.86%.

BAH has been the subject of several analyst reports. Cowen and Company reaffirmed a “buy” rating and set a $41.00 price objective on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, August 7th. Drexel Hamilton downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and reduced their price objective for the company from $39.67 to $27.47 in a research note on Friday, June 16th. Bank of America Corporation downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research note on Friday, June 16th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Finally, BidaskClub downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Eight investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $37.35.

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About Booz Allen Hamilton Holding Corporation

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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