Robeco Institutional Asset Management B.V. Grows Holdings in Booz Allen Hamilton Holding Co. (BAH)

Robeco Institutional Asset Management B.V. grew its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 49.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,246,091 shares of the business services provider’s stock after purchasing an additional 412,017 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.89% of Booz Allen Hamilton worth $72,446,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in 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 worth $93,574,000 after purchasing an additional 1,591,484 shares during the last quarter. Norges Bank bought a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $56,685,000. FMR LLC raised its stake in shares of Booz Allen Hamilton by 61.8% during the fourth quarter. FMR LLC now owns 3,216,528 shares of the business services provider’s stock valued at $144,968,000 after acquiring an additional 1,228,961 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Booz Allen Hamilton by 154.6% during the fourth quarter. Acadian Asset Management LLC now owns 863,664 shares of the business services provider’s stock valued at $38,924,000 after acquiring an additional 524,422 shares in the last quarter. Finally, APG Asset Management N.V. raised its stake in shares of Booz Allen Hamilton by 1,395.2% during the fourth quarter. APG Asset Management N.V. now owns 494,900 shares of the business services provider’s stock valued at $19,512,000 after acquiring an additional 461,800 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company’s stock.

In related news, EVP Nancy Laben sold 15,000 shares of the company’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher Ling sold 13,625 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $53.32, for a total transaction of $726,485.00. The disclosure for this sale can be found here. 3.56% of the stock is owned by corporate insiders.

NYSE BAH traded up $0.34 on Wednesday, reaching $63.18. 1,279,969 shares of the company’s stock traded hands, compared to its average volume of 795,931. The company has a market capitalization of $8.74 billion, a PE ratio of 31.43, a P/E/G ratio of 1.44 and a beta of 1.06. Booz Allen Hamilton Holding Co. has a fifty-two week low of $42.24 and a fifty-two week high of $63.07. 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 (NYSE:BAH) last issued its quarterly earnings data on Tuesday, May 28th. The business services provider reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.74 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 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 earnings per share. Research analysts expect that Booz Allen Hamilton Holding Co. will post 2.73 earnings per share for the current year.

Several brokerages recently issued reports on BAH. Jefferies Financial Group lifted their price objective on shares of Booz Allen Hamilton from $61.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday. SunTrust Banks lifted their price objective on shares of Booz Allen Hamilton to $69.00 and gave the company a “buy” rating in a report on Wednesday. Goldman Sachs Group assumed coverage on shares of Booz Allen Hamilton in a report on Thursday, May 9th. They set a “buy” rating on the stock. Zacks Investment Research lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Finally, Wells Fargo & Co set a $58.00 price target on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a report on Saturday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. Booz Allen Hamilton currently has a consensus rating of “Buy” and a consensus price target of $57.33.

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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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