Russell Investments Group Ltd. Has $19.86 Million Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

Russell Investments Group Ltd. raised its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 1.1% in the 3rd quarter, Holdings Channel reports. The firm owned 279,870 shares of the business services provider’s stock after acquiring an additional 3,097 shares during the period. Russell Investments Group Ltd.’s holdings in Booz Allen Hamilton were worth $19,859,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its stake in shares of Booz Allen Hamilton by 24.7% during the second quarter. Price T Rowe Associates Inc. MD now owns 16,223,011 shares of the business services provider’s stock worth $1,074,126,000 after buying an additional 3,214,910 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Booz Allen Hamilton by 10.8% during the second quarter. JPMorgan Chase & Co. now owns 4,126,886 shares of the business services provider’s stock worth $273,200,000 after buying an additional 401,137 shares during the last quarter. APG Asset Management N.V. grew its stake in shares of Booz Allen Hamilton by 67.0% during the second quarter. APG Asset Management N.V. now owns 2,925,700 shares of the business services provider’s stock worth $170,101,000 after buying an additional 1,173,300 shares during the last quarter. Invesco Ltd. grew its stake in shares of Booz Allen Hamilton by 26.1% during the second quarter. Invesco Ltd. now owns 2,779,980 shares of the business services provider’s stock worth $184,062,000 after buying an additional 574,807 shares during the last quarter. Finally, Artemis Investment Management LLP grew its stake in shares of Booz Allen Hamilton by 1.7% during the second quarter. Artemis Investment Management LLP now owns 2,385,192 shares of the business services provider’s stock worth $156,565,000 after buying an additional 39,240 shares during the last quarter. 91.27% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Booz Allen Hamilton stock traded up $0.10 during trading on Friday, hitting $71.79. The company’s stock had a trading volume of 1,351,279 shares, compared to its average volume of 1,027,747. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.79 and a quick ratio of 1.75. Booz Allen Hamilton Holding Co. has a 52 week low of $43.24 and a 52 week high of $78.01. The stock has a market cap of $10.00 billion, a price-to-earnings ratio of 26.01, a price-to-earnings-growth ratio of 1.76 and a beta of 0.90. The stock has a 50-day moving average price of $70.64 and a two-hundred day moving average price of $67.93.

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Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, November 1st. The business services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.11. Booz Allen Hamilton had a net margin of 6.40% and a return on equity of 57.89%. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the previous year, the firm posted $0.68 earnings per share. Booz Allen Hamilton’s revenue for the quarter was up 12.7% on a year-over-year basis. On average, equities analysts predict that Booz Allen Hamilton Holding Co. will post 3.11 EPS for the current fiscal year.

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be paid a $0.27 dividend. This is a boost from Booz Allen Hamilton’s previous dividend of $0.13. The ex-dividend date is Wednesday, November 13th. Booz Allen Hamilton’s payout ratio is currently 33.33%.

A number of research firms have weighed in on BAH. ValuEngine cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. began coverage on shares of Booz Allen Hamilton in a research note on Tuesday, September 24th. They set a “neutral” rating and a $77.00 target price on the stock. Citigroup boosted their target price on shares of Booz Allen Hamilton from $65.00 to $71.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 30th. Wells Fargo & Co reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a research note on Friday, November 1st. Finally, Morgan Stanley boosted their target price on shares of Booz Allen Hamilton from $76.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Booz Allen Hamilton currently has a consensus rating of “Buy” and a consensus price target of $76.67.

Booz Allen Hamilton Company 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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Want to see what other hedge funds are holding BAH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booz Allen Hamilton Holding Co. (NYSE:BAH).

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

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