Fmr LLC trimmed its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 12.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,792,400 shares of the business services provider’s stock after selling 705,366 shares during the quarter. Fmr LLC owned approximately 3.24% of Booz Allen Hamilton Holding Corporation worth $155,945,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Teacher Retirement System of Texas increased its position in shares of Booz Allen Hamilton Holding Corporation by 0.6% during the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after purchasing an additional 66 shares in the last quarter. Somerset Trust Co increased its position in shares of Booz Allen Hamilton Holding Corporation by 0.5% during the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock worth $457,000 after purchasing an additional 75 shares in the last quarter. Comerica Bank increased its position in shares of Booz Allen Hamilton Holding Corporation by 2.8% during the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock worth $314,000 after purchasing an additional 237 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position 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. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Booz Allen Hamilton Holding Corporation by 1.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 21,681 shares of the business services provider’s stock worth $705,000 after purchasing an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 93.62% of the company’s stock.

Several analysts recently commented on BAH shares. Cowen and Company reiterated a “buy” rating and set a $41.00 price target (down from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, June 26th. BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Tuesday. Jefferies Group LLC reiterated a “hold” rating and set a $36.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Thursday, September 21st. Finally, Drexel Hamilton cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their price target for the stock from $39.67 to $27.47 in a research report on Friday, June 16th. Six investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $37.83.

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Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 37.93 on Friday. Booz Allen Hamilton Holding Corporation has a one year low of $29.55 and a one year high of $39.67. The firm has a 50-day moving average price of $35.46 and a 200 day moving average price of $35.31. The stock has a market capitalization of $5.64 billion, a PE ratio of 21.76 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, topping 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 analysts’ expectations of $1.52 billion. During the same period in the previous year, the firm posted $0.46 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, equities analysts expect that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current fiscal year.

In other news, insider Karen M. Dahut sold 46,406 shares of the business’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total value of $1,764,356.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Horacio Rozanski sold 30,000 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $36.01, for a total value of $1,080,300.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 150,407 shares of company stock valued at $5,434,430. 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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