Aperio Group LLC decreased its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 6.2% during the second quarter, Holdings Channel reports. The firm owned 48,324 shares of the business services provider’s stock after selling 3,186 shares during the period. Aperio Group LLC’s holdings in Booz Allen Hamilton Holding Corporation were worth $1,572,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Teachers Advisors LLC raised its position in shares of Booz Allen Hamilton Holding Corporation by 19.9% in the fourth quarter. Teachers Advisors LLC now owns 306,182 shares of the business services provider’s stock worth $11,044,000 after buying an additional 50,772 shares during the period. Macquarie Group Ltd. raised its position in shares of Booz Allen Hamilton Holding Corporation by 14.3% in the fourth quarter. Macquarie Group Ltd. now owns 202,874 shares of the business services provider’s stock worth $7,318,000 after buying an additional 25,400 shares during the period. GW&K Investment Management LLC raised its position in shares of Booz Allen Hamilton Holding Corporation by 26.8% in the first quarter. GW&K Investment Management LLC now owns 514,617 shares of the business services provider’s stock worth $18,212,000 after buying an additional 108,793 shares during the period. Bank of Montreal Can raised its position in shares of Booz Allen Hamilton Holding Corporation by 517.9% in the first quarter. Bank of Montreal Can now owns 107,779 shares of the business services provider’s stock worth $3,814,000 after buying an additional 90,335 shares during the period. Finally, Parametrica Management Ltd bought a new position in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth approximately $234,000. 95.17% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up 2.05% during trading on Friday, hitting $33.34. 720,800 shares of the stock were exchanged. The stock has a market cap of $4.96 billion, a P/E ratio of 19.13 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The stock’s 50 day moving average price is $33.38 and its 200 day moving average price is $35.38.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last announced its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a net margin of 4.50% and a return on equity of 48.35%. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the firm posted $0.46 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.91 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 14th will be given a $0.17 dividend. The ex-dividend date is Thursday, August 10th. This is an increase 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 2.08%. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is currently 38.86%.

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

In other Booz Allen Hamilton Holding Corporation news, CFO Lloyd Howell, Jr. sold 24,140 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $38.51, for a total value of $929,631.40. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Joseph W. Mahaffee sold 50,000 shares of the stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $39.00, for a total transaction of $1,950,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 239,140 shares of company stock worth $9,225,081. Insiders own 3.04% of the company’s stock.

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.

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

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