Millennium Management LLC Boosts Position in Booz Allen Hamilton Hldg (BAH)
Millennium Management LLC increased its position in shares of Booz Allen Hamilton Hldg (NYSE:BAH) by 265.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 145,064 shares of the business services provider’s stock after buying an additional 105,345 shares during the quarter. Millennium Management LLC’s holdings in Booz Allen Hamilton were worth $5,531,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of BAH. Cerebellum GP LLC bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $126,000. American International Group Inc. bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $128,000. The Manufacturers Life Insurance Company grew its holdings in shares of Booz Allen Hamilton by 8.2% during the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after buying an additional 347 shares in the last quarter. Camelot Portfolios LLC bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $220,000. Finally, Ramsey Quantitative Systems bought a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $302,000. Institutional investors and hedge funds own 93.55% of the company’s stock.
In other news, Director Ralph W. Shrader sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $38.92, for a total value of $7,784,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ralph W. Shrader sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, April 2nd. The shares were sold at an average price of $38.22, for a total value of $1,146,600.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 253,642 shares of company stock valued at $9,881,223. Insiders own 3.04% of the company’s stock.
Shares of NYSE BAH opened at $40.54 on Tuesday. Booz Allen Hamilton Hldg has a 52 week low of $31.06 and a 52 week high of $40.65. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.14. The company has a market cap of $5,756.09, a P/E ratio of 23.17, a P/E/G ratio of 1.58 and a beta of 1.25.
Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm posted $0.38 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. equities research analysts anticipate that Booz Allen Hamilton Hldg will post 1.94 EPS for the current year.
Booz Allen Hamilton Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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