Bank of Montreal Can lifted its stake in Booz Allen Hamilton Holding Co. (NYSE:BAH) by 62.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,561 shares of the business services provider’s stock after purchasing an additional 16,288 shares during the period. Bank of Montreal Can’s holdings in Booz Allen Hamilton were worth $1,623,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its holdings in Booz Allen Hamilton by 13.1% in the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock valued at $113,000 after purchasing an additional 405 shares during the period. Citadel Advisors LLC boosted its holdings in Booz Allen Hamilton by 120.4% in the third quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock valued at $107,583,000 after purchasing an additional 1,571,542 shares during the period. AXA purchased a new position in Booz Allen Hamilton in the third quarter valued at $13,359,000. Russell Investments Group Ltd. boosted its holdings in Booz Allen Hamilton by 33.4% in the third quarter. Russell Investments Group Ltd. now owns 57,778 shares of the business services provider’s stock valued at $2,160,000 after purchasing an additional 14,465 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Booz Allen Hamilton by 7.4% in the third quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock valued at $136,676,000 after purchasing an additional 250,461 shares during the period. Hedge funds and other institutional investors own 92.61% of the company’s stock.

Shares of Booz Allen Hamilton Holding Co. (BAH) opened at $37.25 on Wednesday. The stock has a market capitalization of $5,400.00, a PE ratio of 19.40, a price-to-earnings-growth ratio of 1.82 and a beta of 1.29. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.14. Booz Allen Hamilton Holding Co. has a fifty-two week low of $31.06 and a fifty-two week high of $40.25.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.05. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $0.38 EPS. Booz Allen Hamilton’s revenue for the quarter was up 6.8% on a year-over-year basis. sell-side analysts predict that Booz Allen Hamilton Holding Co. will post 1.93 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, February 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.04%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. Booz Allen Hamilton’s payout ratio is 35.42%.

In other news, CFO Lloyd Howell, Jr. sold 22,624 shares of Booz Allen Hamilton stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $40.25, for a total transaction of $910,616.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Karen M. Dahut sold 14,113 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total value of $564,943.39. The disclosure for this sale can be found here. Insiders have sold 182,135 shares of company stock worth $7,226,660 in the last quarter. Insiders own 3.04% of the company’s stock.

A number of research firms recently issued reports on BAH. Zacks Investment Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Cowen reiterated a “buy” rating and issued a $50.00 target price on shares of Booz Allen Hamilton in a report on Monday, February 5th. Jefferies Group raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. ValuEngine downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Finally, SunTrust Banks started coverage on Booz Allen Hamilton in a report on Friday, December 1st. They set a “buy” rating and a $47.00 price target for the company. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $41.32.

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About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

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

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