Booz Allen Hamilton Holding Co. (BAH) Stake Increased by TD Asset Management Inc.

TD Asset Management Inc. grew its stake in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 24.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,000 shares of the business services provider’s stock after acquiring an additional 10,200 shares during the quarter. TD Asset Management Inc.’s holdings in Booz Allen Hamilton were worth $1,944,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock valued at $593,000 after acquiring an additional 49 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of Booz Allen Hamilton by 0.5% during the 2nd quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after acquiring an additional 65 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in shares of Booz Allen Hamilton by 0.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock worth $390,000 after purchasing an additional 66 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of Booz Allen Hamilton by 1.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 21,681 shares of the business services provider’s stock worth $705,000 after purchasing an additional 280 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Booz Allen Hamilton by 8.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after purchasing an additional 347 shares during the period. 92.85% of the stock is currently owned by hedge funds and other institutional investors.

In other Booz Allen Hamilton news, insider Karen M. Dahut sold 46,406 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $38.02, for a total transaction of $1,764,356.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Susan L. Penfield sold 30,022 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $38.31, for a total transaction of $1,150,142.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 134,428 shares of company stock worth $5,022,119. 3.04% of the stock is owned by company insiders.

Several equities analysts have recently weighed in on the stock. SunTrust Banks assumed coverage on shares of Booz Allen Hamilton in a research note on Friday, December 1st. They issued a “buy” rating and a $47.00 price objective on the stock. Stifel Nicolaus assumed coverage on shares of Booz Allen Hamilton in a research note on Tuesday, November 21st. They issued a “buy” rating and a $46.00 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 $42.00 price objective on the stock in a research note on Wednesday, November 8th. Jefferies Group upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, ValuEngine cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Six analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $40.95.

Shares of Booz Allen Hamilton Holding Co. (BAH) opened at $38.21 on Monday. Booz Allen Hamilton Holding Co. has a one year low of $31.06 and a one year high of $39.67. The company has a market cap of $5,571.48, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 2.37 and a beta of 1.28. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.33.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the business earned $0.46 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. equities analysts forecast that Booz Allen Hamilton Holding Co. will post 1.91 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Tuesday, November 14th were paid a dividend of $0.17 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Monday, November 13th. This represents a $0.68 dividend on an annualized basis and a yield of 1.78%. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.57%.

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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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