Schwab Charles Investment Management Inc. boosted its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 765,983 shares of the business services provider’s stock after acquiring an additional 13,404 shares during the period. Schwab Charles Investment Management Inc. owned 0.52% of Booz Allen Hamilton Holding Corporation worth $24,926,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Booz Allen Hamilton Holding Corporation by 7.2% during the 1st quarter. Vanguard Group Inc. now owns 14,534,410 shares of the business services provider’s stock valued at $514,372,000 after acquiring an additional 979,130 shares in the last quarter. BlackRock Inc. boosted its holdings in Booz Allen Hamilton Holding Corporation by 1,951.0% in the 1st quarter. BlackRock Inc. now owns 8,227,419 shares of the business services provider’s stock valued at $291,169,000 after purchasing an additional 7,826,286 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in Booz Allen Hamilton Holding Corporation by 9.5% in the 1st quarter. William Blair Investment Management LLC now owns 7,762,874 shares of the business services provider’s stock valued at $274,728,000 after purchasing an additional 672,544 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in Booz Allen Hamilton Holding Corporation by 7.5% in the 1st quarter. Alliancebernstein L.P. now owns 6,069,268 shares of the business services provider’s stock valued at $214,791,000 after purchasing an additional 422,448 shares during the last quarter. Finally, FMR LLC boosted its holdings in Booz Allen Hamilton Holding Corporation by 4.9% in the 1st quarter. FMR LLC now owns 5,497,766 shares of the business services provider’s stock valued at $194,566,000 after purchasing an additional 258,866 shares during the last quarter. 93.63% of the stock is owned by institutional investors.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 35.25 on Friday. The stock has a 50 day moving average of $34.09 and a 200 day moving average of $35.25. Booz Allen Hamilton Holding Corporation has a one year low of $29.55 and a one year high of $39.67. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 20.22 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its 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 net margin of 4.50% and a return on equity of 48.35%. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the company earned $0.46 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Monday, August 14th were given a $0.17 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This is a boost from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. This represents a $0.68 annualized dividend and a dividend yield of 1.93%. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is currently 38.86%.

In related news, Director Ian Fujiyama bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average cost of $33.26 per share, with a total value of $498,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Elizabeth M. Thompson sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $33.77, for a total transaction of $337,700.00. The disclosure for this sale can be found here. Insiders sold 46,001 shares of company stock worth $1,562,454 over the last three months. Corporate insiders own 3.04% of the company’s stock.

BAH has been the topic of several recent analyst reports. Jefferies Group LLC lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a report on Monday, July 17th. Cowen and Company reiterated a “buy” rating and issued a $41.00 target price (down from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Monday, June 26th. BidaskClub lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Wells Fargo & Company reiterated an “outperform” rating and issued a $40.00 target price (down from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Finally, Bank of America Corporation lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a report on Friday, June 16th. Eight equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation currently has an average rating of “Hold” and an average price target of $37.35.

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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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