American Century Companies Inc. lessened its holdings in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 12.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,409,451 shares of the business services provider’s stock after selling 348,656 shares during the quarter. American Century Companies Inc. owned 1.62% of Booz Allen Hamilton Holding Corporation worth $90,089,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BT Investment Management Ltd raised its stake in shares of Booz Allen Hamilton Holding Corporation by 31.1% in the third quarter. BT Investment Management Ltd now owns 32,227 shares of the business services provider’s stock worth $1,205,000 after purchasing an additional 7,646 shares during the last quarter. Brookstone Capital Management raised its stake in shares of Booz Allen Hamilton Holding Corporation by 19.0% in the third quarter. Brookstone Capital Management now owns 9,319 shares of the business services provider’s stock worth $348,000 after purchasing an additional 1,489 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Booz Allen Hamilton Holding Corporation by 2.0% in the third quarter. State Board of Administration of Florida Retirement System now owns 107,255 shares of the business services provider’s stock worth $4,010,000 after purchasing an additional 2,130 shares during the last quarter. Dupont Capital Management Corp raised its stake in shares of Booz Allen Hamilton Holding Corporation by 92.0% in the third quarter. Dupont Capital Management Corp now owns 45,715 shares of the business services provider’s stock worth $1,709,000 after purchasing an additional 21,900 shares during the last quarter. Finally, Artemis Investment Management LLP raised its stake in shares of Booz Allen Hamilton Holding Corporation by 78.6% in the third quarter. Artemis Investment Management LLP now owns 885,534 shares of the business services provider’s stock worth $33,106,000 after purchasing an additional 389,614 shares during the last quarter. 92.93% of the stock is owned by institutional investors and hedge funds.

In other news, EVP Elizabeth M. Thompson sold 10,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through 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 stock was 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 150,407 shares of company stock worth $5,434,430 over the last ninety days. Corporate insiders own 3.04% of the company’s stock.

Shares of Booz Allen Hamilton Holding Corporation (BAH) opened at $36.59 on Friday. The company has a market capitalization of $5,339.63, a P/E ratio of 19.90, a PEG ratio of 2.27 and a beta of 1.28. Booz Allen Hamilton Holding Corporation has a 12-month low of $31.06 and a 12-month high of $39.67. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.49 and a quick ratio of 1.59.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its quarterly earnings data on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.02. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.30% and a net margin of 4.52%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 earnings per share. sell-side analysts anticipate that Booz Allen Hamilton Holding Corporation will post 1.92 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Tuesday, November 14th will be given a $0.17 dividend. The ex-dividend date is Monday, November 13th. This is a boost 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 dividend yield of 1.86%. Booz Allen Hamilton Holding Corporation’s payout ratio is 37.57%.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/11/11/booz-allen-hamilton-holding-corporation-bah-holdings-trimmed-by-american-century-companies-inc.html.

Several research analysts have recently issued reports on BAH shares. Jefferies Group LLC cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price objective for the company. in a research note on Monday, July 17th. Cowen and Company reiterated a “buy” rating and set a $41.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, August 7th. BidaskClub cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report 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 price target for the company in a research report 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 price target for the company in a research report on Monday, October 9th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $39.72.

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.

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Corporation (NYSE:BAH).

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

Receive News & Stock Ratings for Booz Allen Hamilton Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton Holding Corporation and related stocks with our FREE daily email newsletter.