Canada Pension Plan Investment Board Has $669,000 Stake in Booz Allen Hamilton Holding Corporation (BAH)

Canada Pension Plan Investment Board raised its position in Booz Allen Hamilton Holding Corporation (NYSE:BAH) by 56.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,900 shares of the business services provider’s stock after buying an additional 6,800 shares during the period. Canada Pension Plan Investment Board’s holdings in Booz Allen Hamilton Holding Corporation were worth $669,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN raised its position in Booz Allen Hamilton Holding Corporation by 99.9% in the first quarter. Wells Fargo & Company MN now owns 4,228,931 shares of the business services provider’s stock worth $149,662,000 after buying an additional 2,113,070 shares during the period. DUPONT CAPITAL MANAGEMENT Corp increased its stake in shares of Booz Allen Hamilton Holding Corporation by 59.2% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 50,415 shares of the business services provider’s stock worth $1,784,000 after buying an additional 18,750 shares in the last quarter. First Quadrant L P CA increased its stake in shares of Booz Allen Hamilton Holding Corporation by 24.9% in the first quarter. First Quadrant L P CA now owns 289,001 shares of the business services provider’s stock worth $10,228,000 after buying an additional 57,677 shares in the last quarter. Sit Investment Associates Inc. increased its stake in shares of Booz Allen Hamilton Holding Corporation by 9.9% in the first quarter. Sit Investment Associates Inc. now owns 121,425 shares of the business services provider’s stock worth $4,297,000 after buying an additional 10,900 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in shares of Booz Allen Hamilton Holding Corporation by 832.4% in the first quarter. Nationwide Fund Advisors now owns 360,852 shares of the business services provider’s stock worth $12,771,000 after buying an additional 322,152 shares in the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

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

Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up 1.76% during mid-day trading on Monday, reaching $32.46. 4,572,460 shares of the company traded hands. Booz Allen Hamilton Holding Corporation has a 12-month low of $27.47 and a 12-month high of $39.67. The company’s 50 day moving average price is $37.33 and its 200 day moving average price is $36.26. The firm has a market capitalization of $4.80 billion, a P/E ratio of 19.50 and a beta of 1.21.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its quarterly earnings data on Monday, May 22nd. The business services provider reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.02. The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.48 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 49.46% and a net margin of 4.35%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 EPS. Equities research analysts predict that Booz Allen Hamilton Holding Corporation will post $1.88 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Saturday, June 10th will be issued a $0.17 dividend. The ex-dividend date is Wednesday, June 7th. This represents a $0.68 annualized dividend and a dividend yield of 2.09%. Booz Allen Hamilton Holding Corporation’s dividend payout ratio is presently 40.72%.

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BAH has been the topic of a number of recent analyst reports. Cowen and Company reaffirmed a “buy” rating and issued a $46.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Tuesday, June 6th. Vertical Group reissued a “buy” rating and set a $42.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, March 17th. Jefferies Group LLC set a $41.00 price target on shares of Booz Allen Hamilton Holding Corporation and gave the stock a “buy” rating in a research note on Thursday, March 16th. Vertical Research initiated coverage on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, March 16th. They set a “buy” rating and a $42.00 price target on the stock. Finally, Zacks Investment Research raised shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Tuesday, April 4th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation has a consensus rating of “Hold” and a consensus price target of $38.35.

In related news, CAO Joseph W. Mahaffee sold 120,000 shares of the business’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $38.25, for a total value of $4,590,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Lloyd Howell, Jr. sold 45,000 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $39.01, for a total value of $1,755,450.00. The disclosure for this sale can be found here. Insiders sold a total of 239,140 shares of company stock worth $9,225,081 in the last quarter. Company insiders own 3.76% of the company’s stock.

About Booz Allen Hamilton Holding Corporation

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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