Booz Allen Hamilton Holding Corporation (NYSE:BAH) – Jefferies Group lowered their Q3 2018 earnings per share (EPS) estimates for Booz Allen Hamilton Holding Corporation in a research report issued on Monday. Jefferies Group analyst S. Kahyaoglu now anticipates that the business services provider will post earnings of $0.45 per share for the quarter, down from their previous forecast of $0.48. Jefferies Group has a “Hold” rating and a $36.00 price objective on the stock. Jefferies Group also issued estimates for Booz Allen Hamilton Holding Corporation’s Q4 2018 earnings at $0.50 EPS and FY2018 earnings at $1.95 EPS.

A number of other equities research analysts have also issued reports on BAH. Barclays PLC lowered Booz Allen Hamilton Holding Corporation from an “overweight” rating to an “equal weight” rating and set a $38.00 price target for the company. in a research note on Monday, May 1st. Zacks Investment Research lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 16th. Cowen and Company restated a “buy” rating and set a $43.00 price objective on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, May 22nd. Wells Fargo & Company restated an “outperform” rating and set a $42.00 price objective (up previously from $36.50) on shares of Booz Allen Hamilton Holding Corporation in a research report on Tuesday, May 23rd. Finally, Vertical Research lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price objective for the company from $42.00 to $36.00 in a research report on Friday, June 16th. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $37.35.

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Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded down 2.53% during midday trading on Wednesday, reaching $32.31. The company’s stock had a trading volume of 804,626 shares. The company’s 50-day moving average price is $33.31 and its 200-day moving average price is $35.46. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The company has a market cap of $4.78 billion, a PE ratio of 19.41 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a return on equity of 49.35% and a net margin of 4.50%. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue was up 5.0% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, August 14th will be given a dividend of $0.17 per share. This is a positive change from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, August 10th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.05%. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is presently 38.86%.

In related news, CAO Joseph W. Mahaffee sold 120,000 shares of the stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $38.25, for a total value of $4,590,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Lloyd Howell, Jr. sold 45,000 shares of the stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $39.01, for a total transaction of $1,755,450.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 239,140 shares of company stock valued at $9,225,081. Company insiders own 3.04% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of Booz Allen Hamilton Holding Corporation by 73.8% in the first quarter. JPMorgan Chase & Co. now owns 537,505 shares of the business services provider’s stock worth $19,022,000 after buying an additional 228,253 shares during the last quarter. Findlay Park Partners LLP acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth approximately $86,306,000. CIBC World Markets Inc. acquired a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth approximately $1,538,000. William Blair Investment Management LLC increased its position in shares of Booz Allen Hamilton Holding Corporation by 9.5% in the first quarter. William Blair Investment Management LLC now owns 7,762,874 shares of the business services provider’s stock worth $274,728,000 after buying an additional 672,544 shares during the last quarter. Finally, Credit Suisse AG increased its position in shares of Booz Allen Hamilton Holding Corporation by 29.5% in the first quarter. Credit Suisse AG now owns 371,558 shares of the business services provider’s stock worth $13,149,000 after buying an additional 84,586 shares during the last quarter. 95.17% of the stock is owned by hedge funds and other institutional investors.

About Booz Allen Hamilton Holding Corporation

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.

Earnings History and Estimates for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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