Cwm LLC Purchases 13,993 Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH)

CWM LLC increased its holdings in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 198.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,043 shares of the business services provider's stock after purchasing an additional 13,993 shares during the quarter. CWM LLC's holdings in Booz Allen Hamilton were worth $2,201,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of BAH. Norges Bank bought a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $196,578,000. Janus Henderson Group PLC increased its stake in Booz Allen Hamilton by 179.7% during the 4th quarter. Janus Henderson Group PLC now owns 1,767,129 shares of the business services provider's stock worth $227,425,000 after purchasing an additional 1,135,426 shares in the last quarter. Man Group plc increased its stake in Booz Allen Hamilton by 2,293.2% during the 4th quarter. Man Group plc now owns 1,128,389 shares of the business services provider's stock worth $145,224,000 after purchasing an additional 1,081,239 shares in the last quarter. Bank of America Corp DE increased its stake in Booz Allen Hamilton by 61.4% during the 4th quarter. Bank of America Corp DE now owns 1,552,217 shares of the business services provider's stock worth $199,770,000 after purchasing an additional 590,655 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in Booz Allen Hamilton by 1,111.3% during the 4th quarter. Renaissance Technologies LLC now owns 606,794 shares of the business services provider's stock worth $78,094,000 after purchasing an additional 556,700 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Up 0.4%

Shares of NYSE BAH traded up $0.42 during trading hours on Friday, hitting $109.27. The company had a trading volume of 1,105,824 shares, compared to its average volume of 1,819,458. The stock has a market capitalization of $13.57 billion, a P/E ratio of 15.07, a price-to-earnings-growth ratio of 1.70 and a beta of 0.48. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 3.90. Booz Allen Hamilton Holding Corporation has a 1-year low of $98.95 and a 1-year high of $190.59. The firm's 50 day moving average is $108.80 and its 200-day moving average is $115.32.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 72.35% and a net margin of 7.81%. The business had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $3.03 billion. During the same quarter in the prior year, the business earned $1.33 EPS. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts expect that Booz Allen Hamilton Holding Corporation will post 6.44 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.01%. The ex-dividend date was Wednesday, June 11th. Booz Allen Hamilton's payout ratio is 30.34%.

Analyst Upgrades and Downgrades

BAH has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price target on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. UBS Group upped their price target on Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Barclays reduced their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Raymond James Financial reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $134.64.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.