Booz Allen Hamilton Holding Co. (BAH) Position Reduced by First Command Financial Services Inc.

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First Command Financial Services Inc. reduced its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 22.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,668 shares of the business services provider’s stock after selling 1,070 shares during the quarter. First Command Financial Services Inc.’s holdings in Booz Allen Hamilton were worth $213,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in Booz Allen Hamilton by 9.1% in the 4th quarter. Geode Capital Management LLC now owns 1,481,657 shares of the business services provider’s stock worth $66,778,000 after purchasing an additional 123,410 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Booz Allen Hamilton by 13.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,594 shares of the business services provider’s stock worth $793,000 after purchasing an additional 2,027 shares in the last quarter. Bank of America Corp DE raised its holdings in Booz Allen Hamilton by 7.3% in the 4th quarter. Bank of America Corp DE now owns 1,116,793 shares of the business services provider’s stock worth $50,335,000 after purchasing an additional 76,187 shares in the last quarter. Bailard Inc. raised its holdings in Booz Allen Hamilton by 8.5% in the 4th quarter. Bailard Inc. now owns 57,065 shares of the business services provider’s stock worth $2,572,000 after purchasing an additional 4,465 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in Booz Allen Hamilton by 3.5% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 22,384 shares of the business services provider’s stock worth $1,009,000 after purchasing an additional 748 shares in the last quarter. Institutional investors own 95.04% of the company’s stock.

Shares of NYSE:BAH traded down $0.24 during midday trading on Monday, reaching $58.33. The company’s stock had a trading volume of 713,390 shares, compared to its average volume of 1,048,965. The company has a market capitalization of $8.20 billion, a PE ratio of 29.02, a P/E/G ratio of 1.35 and a beta of 1.08. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.50 and a quick ratio of 1.50. Booz Allen Hamilton Holding Co. has a 12-month low of $38.46 and a 12-month high of $58.77.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, February 1st. The business services provider reported $0.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.14. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.60 billion. Booz Allen Hamilton had a net margin of 6.31% and a return on equity of 61.40%. The company’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. Equities analysts anticipate that Booz Allen Hamilton Holding Co. will post 2.72 EPS for the current fiscal year.

Several brokerages have commented on BAH. Zacks Investment Research lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. ValuEngine upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Friday, January 4th. Finally, Wells Fargo & Co set a $58.00 price objective on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a report on Saturday, February 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. Booz Allen Hamilton has a consensus rating of “Hold” and an average price target of $53.63.

In related news, insider Horacio Rozanski sold 45,000 shares of the stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $49.00, for a total transaction of $2,205,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Nancy Laben sold 15,000 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $55.02, for a total transaction of $825,300.00. The disclosure for this sale can be found here. Insiders sold a total of 98,625 shares of company stock worth $5,106,885 over the last ninety days. Insiders own 3.56% of the company’s stock.

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About Booz Allen Hamilton

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

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