Charles O. Rossotti Sells 10,000 Shares of Booz Allen Hamilton Holding Co. (BAH) Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) Director Charles O. Rossotti sold 10,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, February 7th. The shares were sold at an average price of $53.26, for a total value of $532,600.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Booz Allen Hamilton stock opened at $54.45 on Friday. The company has a market capitalization of $7.63 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. Booz Allen Hamilton Holding Co. has a 12 month low of $35.23 and a 12 month high of $54.46. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.50 and a quick ratio of 1.45.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, February 1st. The business services provider reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.14. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Booz Allen Hamilton had a return on equity of 61.40% and a net margin of 6.31%. The business’s revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. As a group, equities analysts predict that Booz Allen Hamilton Holding Co. will post 2.72 EPS for the current fiscal year.



The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Thursday, February 14th will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, February 13th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.19. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.69%. Booz Allen Hamilton’s payout ratio is 37.81%.

Several brokerages recently weighed in on BAH. Wells Fargo & Co set a $58.00 price target on Booz Allen Hamilton and gave the company a “buy” rating in a research report on Saturday, February 2nd. Drexel Hamilton reiterated a “hold” rating on shares of Booz Allen Hamilton in a research report on Monday, October 29th. Citigroup lifted their price target on Booz Allen Hamilton from $46.00 to $52.00 and gave the company a “neutral” rating in a research report on Tuesday, October 30th. Raymond James lifted their price target on Booz Allen Hamilton from $53.00 to $55.00 and gave the company an “outperform” rating in a research report on Monday, October 29th. Finally, Credit Suisse Group lifted their price target on Booz Allen Hamilton from $53.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, October 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $53.63.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Booz Allen Hamilton by 22.3% in the third quarter. BlackRock Inc. now owns 10,163,902 shares of the business services provider’s stock valued at $504,433,000 after buying an additional 1,853,333 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of Booz Allen Hamilton by 1.2% in the third quarter. William Blair Investment Management LLC now owns 7,304,675 shares of the business services provider’s stock valued at $362,531,000 after buying an additional 85,029 shares in the last quarter. American Century Companies Inc. increased its position in shares of Booz Allen Hamilton by 157.6% in the third quarter. American Century Companies Inc. now owns 4,971,183 shares of the business services provider’s stock valued at $246,720,000 after buying an additional 3,041,524 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Booz Allen Hamilton by 12.1% in the third quarter. Wells Fargo & Company MN now owns 3,882,800 shares of the business services provider’s stock valued at $192,703,000 after buying an additional 420,157 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Booz Allen Hamilton by 541.4% in the third quarter. JPMorgan Chase & Co. now owns 1,885,425 shares of the business services provider’s stock valued at $93,574,000 after buying an additional 1,591,484 shares in the last quarter. Institutional investors and hedge funds own 93.06% 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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