Booz Allen Hamilton Holding Corporation (NYSE:BAH) – Analysts at William Blair decreased their Q2 2018 earnings per share (EPS) estimates for shares of Booz Allen Hamilton Holding Corporation in a research report issued on Monday. William Blair analyst T. Mchugh now forecasts that the business services provider will earn $0.46 per share for the quarter, down from their prior estimate of $0.48. William Blair also issued estimates for Booz Allen Hamilton Holding Corporation’s Q4 2018 earnings at $0.47 EPS.

A number of other research analysts have also recently issued reports on BAH. Cowen and Company reiterated a “buy” rating and issued a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday. Wells Fargo & Company reissued an “outperform” rating and issued a $42.00 price target (up previously from $36.50) on shares of Booz Allen Hamilton Holding Corporation in a report on Tuesday, May 23rd. Jefferies Group LLC lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price target for the company. in a report on Monday, July 17th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Finally, Vertical Research lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and lowered their price target for the company from $42.00 to $36.00 in a 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.

TRADEMARK VIOLATION WARNING: This piece was reported by Daily Political and is the property of of Daily Political. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.dailypolitical.com/2017/08/09/william-blair-comments-on-booz-allen-hamilton-holding-corporations-q2-2018-earnings-bah.html.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded down 2.338% during trading on Tuesday, reaching $32.375. The company had a trading volume of 734,153 shares. 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 $4.79 billion, a P/E ratio of 19.444 and a beta of 1.31. The firm has a 50-day moving average of $33.31 and a 200-day moving average of $35.46.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the company posted $0.46 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year.

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

In other Booz Allen Hamilton Holding Corporation news, CFO Lloyd Howell, Jr. sold 45,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $39.01, for a total transaction of $1,755,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Joseph W. Mahaffee sold 120,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $38.25, for a total transaction of $4,590,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 239,140 shares of company stock valued at $9,225,081. 3.04% of the stock is currently owned by company insiders.

A number of hedge funds have recently added to or reduced their stakes in the company. Camelot Portfolios LLC acquired a new stake in Booz Allen Hamilton Holding Corporation during the first quarter worth approximately $282,000. Canada Pension Plan Investment Board raised its stake in Booz Allen Hamilton Holding Corporation by 56.2% in the first quarter. Canada Pension Plan Investment Board now owns 18,900 shares of the business services provider’s stock worth $669,000 after buying an additional 6,800 shares in the last quarter. Wells Fargo & Company MN raised its stake in Booz Allen Hamilton Holding Corporation by 99.9% in the first quarter. Wells Fargo & Company MN now owns 4,228,931 shares of the business services provider’s stock worth $149,662,000 after buying an additional 2,113,070 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp raised its stake in Booz Allen Hamilton Holding Corporation by 59.2% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 50,415 shares of the business services provider’s stock worth $1,784,000 after buying an additional 18,750 shares in the last quarter. Finally, First Quadrant L P CA raised its stake in Booz Allen Hamilton Holding Corporation by 24.9% in the first quarter. First Quadrant L P CA now owns 289,001 shares of the business services provider’s stock worth $10,228,000 after buying an additional 57,677 shares in the last quarter. 95.17% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Holding Corporation Company 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.

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.