Commonwealth Bank of Australia decreased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 17.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,800 shares of the business services provider’s stock after selling 2,700 shares during the quarter. Commonwealth Bank of Australia’s holdings in Booz Allen Hamilton Holding Corporation were worth $416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management bought a new stake in Booz Allen Hamilton Holding Corporation during the second quarter worth about $255,000. JPMorgan Chase & Co. lifted its position in Booz Allen Hamilton Holding Corporation by 73.8% during the first quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock worth $19,022,000 after purchasing an additional 228,253 shares during the period. Findlay Park Partners LLP bought a new stake in Booz Allen Hamilton Holding Corporation during the first quarter worth about $86,306,000. William Blair Investment Management LLC lifted its position in Booz Allen Hamilton Holding Corporation by 9.5% during the first quarter. William Blair Investment Management LLC now owns 7,762,874 shares of the business services provider’s stock worth $274,728,000 after purchasing an additional 672,544 shares during the period. Finally, Credit Suisse AG lifted its position in Booz Allen Hamilton Holding Corporation by 29.5% during the first quarter. Credit Suisse AG now owns 371,558 shares of the business services provider’s stock worth $13,149,000 after purchasing an additional 84,586 shares during the period. 93.62% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Holding Corporation (BAH) opened at 35.25 on Monday. The company has a market cap of $5.24 billion, a PE ratio of 20.22 and a beta of 1.31. The stock has a 50 day moving average of $34.09 and a 200-day moving average of $35.25. Booz Allen Hamilton Holding Corporation has a 12-month low of $29.55 and a 12-month high of $39.67.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, topping the Thomson Reuters’ 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 analyst estimates of $1.52 billion. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Booz Allen Hamilton Holding Corporation’s revenue was up 5.0% on a year-over-year basis. On average, equities research analysts anticipate that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Monday, August 14th were issued a dividend of $0.17 per share. This is a positive change from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.93%. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 38.86%.

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Several equities research analysts recently weighed in on the stock. Vertical Research cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price objective for the stock from $42.00 to $36.00 in a research report on Friday, June 16th. Wells Fargo & Company reissued an “outperform” rating and issued 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. Drexel Hamilton cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the stock from $39.67 to $27.47 in a report on Friday, June 16th. Cowen and Company reissued an “outperform” rating and issued a $43.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, July 4th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Eight investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $37.35.

In other news, Director Peter J. Clare bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $32.30 per share, for a total transaction of $323,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ian Fujiyama bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was purchased 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 have sold 46,001 shares of company stock valued at $1,562,454 in the last three months. 3.04% of the stock is owned by insiders.

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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