Booz Allen Hamilton Holding Co. (NYSE:BAH) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 46.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,452 shares of the business services provider’s stock after selling 2,131 shares during the quarter. SG Americas Securities LLC’s holdings in Booz Allen Hamilton were worth $174,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD increased its position in Booz Allen Hamilton by 24.7% during the second quarter. Price T Rowe Associates Inc. MD now owns 16,223,011 shares of the business services provider’s stock worth $1,074,126,000 after purchasing an additional 3,214,910 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Booz Allen Hamilton by 10.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,126,886 shares of the business services provider’s stock valued at $273,200,000 after acquiring an additional 401,137 shares during the last quarter. APG Asset Management N.V. boosted its stake in Booz Allen Hamilton by 67.0% during the 2nd quarter. APG Asset Management N.V. now owns 2,925,700 shares of the business services provider’s stock valued at $170,101,000 after acquiring an additional 1,173,300 shares during the last quarter. Invesco Ltd. boosted its stake in Booz Allen Hamilton by 26.1% during the 2nd quarter. Invesco Ltd. now owns 2,779,980 shares of the business services provider’s stock valued at $184,062,000 after acquiring an additional 574,807 shares during the last quarter. Finally, Artemis Investment Management LLP boosted its stake in Booz Allen Hamilton by 1.7% during the 2nd quarter. Artemis Investment Management LLP now owns 2,385,192 shares of the business services provider’s stock valued at $156,565,000 after acquiring an additional 39,240 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

BAH has been the topic of a number of research analyst reports. Wells Fargo & Co reiterated a “hold” rating on shares of Booz Allen Hamilton in a research note on Friday, November 1st. ValuEngine downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. initiated coverage on shares of Booz Allen Hamilton in a research note on Tuesday, September 24th. They set a “neutral” rating and a $77.00 price objective on the stock. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $76.00 price objective on the stock in a research note on Monday, November 25th. Finally, Morgan Stanley increased their price objective on shares of Booz Allen Hamilton from $76.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Booz Allen Hamilton currently has a consensus rating of “Buy” and an average price target of $77.22.

Shares of NYSE:BAH opened at $72.76 on Friday. The stock has a market capitalization of $10.31 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.81 and a beta of 0.90. Booz Allen Hamilton Holding Co. has a 1-year low of $43.24 and a 1-year high of $78.01. The company’s fifty day moving average is $71.56 and its two-hundred day moving average is $69.28. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.79 and a current ratio of 1.79.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, November 1st. The business services provider reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.11. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.78 billion. Booz Allen Hamilton had a net margin of 6.40% and a return on equity of 57.89%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.68 earnings per share. Sell-side analysts expect that Booz Allen Hamilton Holding Co. will post 3.12 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.48%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Wednesday, November 13th. Booz Allen Hamilton’s dividend payout ratio is 39.13%.

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.

Featured Story: How can investors invest in the S&P/TSX Index?

Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co. (NYSE:BAH).

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

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.