Raymond James Financial Services Advisors Inc. decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 20.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,487 shares of the business services provider’s stock after selling 3,730 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Booz Allen Hamilton were worth $542,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aperio Group LLC boosted its stake in shares of Booz Allen Hamilton by 15.9% during the 3rd quarter. Aperio Group LLC now owns 56,008 shares of the business services provider’s stock worth $2,094,000 after acquiring an additional 7,684 shares in the last quarter. Colony Group LLC lifted its stake in Booz Allen Hamilton by 2.3% in the 2nd quarter. Colony Group LLC now owns 68,566 shares of the business services provider’s stock valued at $2,231,000 after buying an additional 1,524 shares in the last quarter. Koch Industries Inc. purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at approximately $234,000. Nomura Holdings Inc. purchased a new stake in Booz Allen Hamilton in the 2nd quarter valued at approximately $398,000. Finally, California State Teachers Retirement System lifted its stake in Booz Allen Hamilton by 15.6% in the 2nd quarter. California State Teachers Retirement System now owns 261,393 shares of the business services provider’s stock valued at $8,506,000 after buying an additional 35,274 shares in the last quarter. Institutional investors own 92.60% of the company’s stock.

In other news, EVP Elizabeth M. Thompson sold 28,000 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $36.69, for a total transaction of $1,027,320.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Karen M. Dahut sold 46,406 shares of the company’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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,406 shares of company stock valued at $3,871,976. Insiders own 3.04% of the company’s stock.

A number of equities research analysts recently issued reports on the company. SunTrust Banks assumed coverage on Booz Allen Hamilton in a research note on Friday, December 1st. They issued a “buy” rating and a $47.00 target price on the stock. ValuEngine lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Zacks Investment Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Wells Fargo & Company upped their target price on Booz Allen Hamilton from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. Finally, Vertical Research raised Booz Allen Hamilton 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. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $40.95.

Booz Allen Hamilton Holding Co. (NYSE:BAH) opened at $38.56 on Wednesday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $5,628.34, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 2.39 and a beta of 1.28. Booz Allen Hamilton Holding Co. has a twelve month low of $31.06 and a twelve month high of $39.67.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. Booz Allen Hamilton had a return on equity of 48.30% and a net margin of 4.52%. Booz Allen Hamilton’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. equities research analysts anticipate that Booz Allen Hamilton Holding Co. will post 1.91 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Tuesday, November 14th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.76%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Monday, November 13th. Booz Allen Hamilton’s dividend payout ratio is presently 37.57%.

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About Booz Allen Hamilton

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.

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

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