World Asset Management Inc raised its stake in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 7.4% during the second quarter, Holdings Channel reports. The fund owned 7,263 shares of the business services provider’s stock after buying an additional 498 shares during the period. World Asset Management Inc’s holdings in Booz Allen Hamilton Holding Corporation were worth $236,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC acquired a new stake in Booz Allen Hamilton Holding Corporation during the first quarter valued at about $102,000. Nomura Asset Management Co. Ltd. raised its stake in Booz Allen Hamilton Holding Corporation by 7.8% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after buying an additional 250 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in Booz Allen Hamilton Holding Corporation by 27.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after buying an additional 1,001 shares during the last quarter. NN Investment Partners Holdings N.V. raised its stake in Booz Allen Hamilton Holding Corporation by 89.5% in the first quarter. NN Investment Partners Holdings N.V. now owns 7,200 shares of the business services provider’s stock valued at $255,000 after buying an additional 3,400 shares during the last quarter. Finally, Camelot Portfolios LLC acquired a new stake in Booz Allen Hamilton Holding Corporation during the first quarter valued at about $282,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 33.68 on Friday. The company has a market capitalization of $5.01 billion, a P/E ratio of 19.32 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The stock’s 50 day moving average is $33.58 and its 200 day moving average is $35.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the company posted $0.46 EPS. The business’s revenue was up 5.0% on a year-over-year basis. On average, equities research analysts expect that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 14th will be paid a $0.17 dividend. This is a boost 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 2.02%. The ex-dividend date is Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is presently 38.86%.

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Several analysts have issued reports on the stock. BidaskClub lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Cowen and Company restated a “buy” rating and set a $41.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, August 7th. Wells Fargo & Company restated an “outperform” rating and set a $42.00 price target (up from $36.50) on shares of Booz Allen Hamilton Holding Corporation in a research report on Tuesday, May 23rd. Raymond James Financial, Inc. restated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research 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 cut their price target 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 four have assigned a buy rating to the company. Booz Allen Hamilton Holding Corporation presently has a consensus rating of “Hold” and a consensus target price of $37.35.

In related news, CAO Joseph W. Mahaffee sold 120,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $38.25, for a total transaction of $4,590,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karen M. Dahut sold 36,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $34.02, for a total transaction of $1,224,720.00. The disclosure for this sale can be found here. Insiders sold a total of 275,140 shares of company stock valued at $10,449,801 over the last three months. Corporate insiders own 3.04% of the company’s stock.

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.

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

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