Oakbrook Investments LLC Takes $392,000 Position in Booz Allen Hamilton Holding Co. (BAH)

Oakbrook Investments LLC purchased a new stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,890 shares of the business services provider’s stock, valued at approximately $392,000.

Several other hedge funds also recently modified their holdings of BAH. Guggenheim Capital LLC increased its stake in shares of Booz Allen Hamilton by 7.0% in the first quarter. Guggenheim Capital LLC now owns 121,002 shares of the business services provider’s stock valued at $4,685,000 after buying an additional 7,872 shares during the period. Legal & General Group Plc increased its stake in shares of Booz Allen Hamilton by 74.2% in the first quarter. Legal & General Group Plc now owns 312,022 shares of the business services provider’s stock valued at $12,081,000 after buying an additional 132,928 shares during the period. Royal Bank of Canada increased its stake in shares of Booz Allen Hamilton by 28.6% in the first quarter. Royal Bank of Canada now owns 198,798 shares of the business services provider’s stock valued at $7,698,000 after buying an additional 44,176 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Booz Allen Hamilton in the first quarter valued at about $903,000. Finally, Allianz Asset Management GmbH increased its stake in shares of Booz Allen Hamilton by 12.3% in the first quarter. Allianz Asset Management GmbH now owns 1,219,214 shares of the business services provider’s stock valued at $47,208,000 after buying an additional 133,210 shares during the period. 93.29% of the stock is owned by institutional investors.

Several research firms recently commented on BAH. Zacks Investment Research raised Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a research note on Wednesday, August 15th. Raymond James raised Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research note on Tuesday, July 31st. Drexel Hamilton reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a research note on Monday, July 30th. Finally, Vertical Research cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Monday, July 9th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Booz Allen Hamilton currently has a consensus rating of “Buy” and a consensus price target of $49.88.



NYSE BAH opened at $46.82 on Friday. Booz Allen Hamilton Holding Co. has a one year low of $35.21 and a one year high of $52.56. The company has a market cap of $6.67 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 1.68 and a beta of 1.17. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.87.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, July 30th. The business services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a return on equity of 57.00% and a net margin of 5.21%. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the firm posted $0.47 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. As a group, research analysts predict that Booz Allen Hamilton Holding Co. will post 2.5 EPS for the current fiscal year.

In other Booz Allen Hamilton news, Director Ralph W. Shrader sold 30,000 shares of the stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $47.19, for a total value of $1,415,700.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Kristine Anderson sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $51.54, for a total value of $1,030,800.00. The disclosure for this sale can be found here. Insiders have sold 103,985 shares of company stock valued at $5,140,940 in the last ninety days. 3.56% of the stock is currently owned by insiders.

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.

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

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