California State Teachers Retirement System decreased its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 8.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,286 shares of the business services provider’s stock after selling 21,107 shares during the period. California State Teachers Retirement System owned about 0.16% of Booz Allen Hamilton worth $8,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Advisor Group Inc. lifted its holdings in Booz Allen Hamilton by 13.1% in the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock valued at $113,000 after purchasing an additional 405 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Booz Allen Hamilton by 8.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 347 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in Booz Allen Hamilton by 27.8% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 1,001 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in Booz Allen Hamilton in the 2nd quarter valued at $206,000. Finally, Fiduciary Trust Co. purchased a new position in Booz Allen Hamilton in the 2nd quarter valued at $217,000. Hedge funds and other institutional investors own 92.81% of the company’s stock.

Shares of Booz Allen Hamilton Holding Co. (NYSE BAH) opened at $38.34 on Wednesday. Booz Allen Hamilton Holding Co. has a 52 week low of $31.06 and a 52 week high of $39.67. The stock has a market capitalization of $5,645.84, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 2.39 and a beta of 1.28. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The business 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%. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company earned $0.46 EPS. sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 1.91 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Tuesday, November 14th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.77%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date was Monday, November 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.57%.

A number of research analysts have weighed in on the company. SunTrust Banks assumed coverage on Booz Allen Hamilton in a report on Friday, December 1st. They issued a “buy” rating and a $47.00 price objective on the stock. Stifel Nicolaus started coverage on Booz Allen Hamilton in a research note on Tuesday, November 21st. They issued a “buy” rating and a $46.00 target price for the company. Zacks Investment Research raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Wednesday, November 8th. Jefferies Group raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, ValuEngine downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Six equities 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 company’s stock. The stock has an average rating of “Buy” and a consensus target price of $40.95.

In related news, EVP Elizabeth M. Thompson sold 28,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $36.69, for a total transaction of $1,027,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Susan L. Penfield sold 30,022 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $38.31, for a total value of $1,150,142.82. The disclosure for this sale can be found here. Insiders have sold a total of 104,428 shares of company stock valued at $3,941,819 over the last three months. Corporate insiders own 3.04% of the company’s stock.

WARNING: “Booz Allen Hamilton Holding Co. (BAH) Stake Lessened by California State Teachers Retirement System” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://www.thecerbatgem.com/2017/12/27/booz-allen-hamilton-holding-co-bah-stake-lessened-by-california-state-teachers-retirement-system.html.

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.

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 Co. (NYSE:BAH).

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

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