Burgundy Asset Management Ltd. decreased its stake in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 0.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,153,255 shares of the business services provider’s stock after selling 10,319 shares during the quarter. Burgundy Asset Management Ltd. owned approximately 1.45% of Booz Allen Hamilton Holding Corporation worth $70,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after buying an additional 49 shares during the last quarter. M&T Bank Corp boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock worth $454,000 after buying an additional 65 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after buying an additional 66 shares during the last quarter. Somerset Trust Co boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 0.5% in the second quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock worth $457,000 after buying an additional 75 shares during the last quarter. Finally, Comerica Bank boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 2.8% in the first quarter. Comerica Bank now owns 8,689 shares of the business services provider’s stock worth $314,000 after buying an additional 237 shares during the last quarter. Hedge funds and other institutional investors own 93.63% of the company’s stock.

BAH has been the topic of a number of recent research reports. Cowen and Company restated a “buy” rating and issued a $41.00 target price (down previously from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday, June 26th. Jefferies Group LLC downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a research note on Monday, July 17th. BidaskClub downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Monday, October 9th. Seven investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Booz Allen Hamilton Holding Corporation presently has a consensus rating of “Buy” and an average target price of $39.50.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up 0.45% during trading on Friday, reaching $37.94. The company had a trading volume of 522,822 shares. Booz Allen Hamilton Holding Corporation has a 1-year low of $29.67 and a 1-year high of $39.67. The firm has a 50-day moving average of $36.69 and a 200-day moving average of $35.45. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 21.77 and a beta of 1.30.

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

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In other Booz Allen Hamilton Holding Corporation news, Director Peter J. Clare acquired 10,000 shares of the stock in a transaction on Thursday, August 10th. The shares were bought at an average price of $32.30 per share, with a total value of $323,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 shares were sold at an average price of $34.02, for a total value of $1,224,720.00. The disclosure for this sale can be found here. Insiders sold a total of 150,407 shares of company stock worth $5,434,430 in the last ninety days. 3.04% of the stock is owned by corporate insiders.

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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