Macquarie Group Ltd. Reduces Holdings in Booz Allen Hamilton Holding Co. (BAH)

Macquarie Group Ltd. trimmed its holdings in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 156,152 shares of the business services provider’s stock after selling 43,779 shares during the period. Macquarie Group Ltd. owned 0.11% of Booz Allen Hamilton worth $5,955,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Verition Fund Management LLC acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $790,000. Millennium Management LLC grew its position in shares of Booz Allen Hamilton by 265.2% during the fourth quarter. Millennium Management LLC now owns 145,064 shares of the business services provider’s stock worth $5,531,000 after acquiring an additional 105,345 shares during the last quarter. Cornerstone Capital Management Holdings LLC. grew its position in shares of Booz Allen Hamilton by 167.6% during the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 190,015 shares of the business services provider’s stock worth $7,244,000 after acquiring an additional 118,998 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in shares of Booz Allen Hamilton by 5.1% during the fourth quarter. TIAA CREF Investment Management LLC now owns 1,028,854 shares of the business services provider’s stock worth $39,230,000 after acquiring an additional 50,028 shares during the last quarter. Finally, Teachers Advisors LLC grew its position in shares of Booz Allen Hamilton by 1.1% during the fourth quarter. Teachers Advisors LLC now owns 388,384 shares of the business services provider’s stock worth $14,809,000 after acquiring an additional 4,214 shares during the last quarter. 93.55% of the stock is currently owned by institutional investors.

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BAH has been the subject of several recent research reports. Stifel Nicolaus restated a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 9th. Zacks Investment Research lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. SunTrust Banks initiated coverage on shares of Booz Allen Hamilton in a research report on Friday, December 1st. They set a “buy” rating and a $47.00 price target for the company. Finally, Cowen restated a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research report on Monday, February 5th. Seven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $41.25.

Shares of NYSE:BAH opened at $38.72 on Friday. The stock has a market capitalization of $5,616.83, a P/E ratio of 19.96, a P/E/G ratio of 1.94 and a beta of 1.29. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49. Booz Allen Hamilton Holding Co. has a 52-week low of $31.06 and a 52-week high of $40.25.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.05. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. Booz Allen Hamilton had a net margin of 4.68% and a return on equity of 50.81%. Booz Allen Hamilton’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS. equities research analysts expect that Booz Allen Hamilton Holding Co. will post 1.93 EPS for the current fiscal year.

In related news, Director Ralph W. Shrader sold 200,000 shares of the stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $38.92, for a total value of $7,784,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Melody C. Barnes sold 1,018 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $39.30, for a total transaction of $40,007.40. The disclosure for this sale can be found here. Insiders sold a total of 353,131 shares of company stock valued at $13,900,525 in the last quarter. 3.04% of the stock is currently owned by insiders.

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Booz Allen Hamilton 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 (NYSE:BAH)

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