Insider Selling: Booz Allen Hamilton Holding Co. (BAH) Director Sells $7,784,000.00 in Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) Director Ralph W. Shrader sold 200,000 shares of Booz Allen Hamilton stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $38.92, for a total value of $7,784,000.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of BAH stock opened at $37.66 on Friday. The firm has a market capitalization of $5,706.77, a P/E ratio of 19.72, a P/E/G ratio of 1.97 and a beta of 1.29. Booz Allen Hamilton Holding Co. has a 12-month low of $31.06 and a 12-month high of $40.25. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.19 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date was Tuesday, February 13th. Booz Allen Hamilton’s payout ratio is 39.79%.

BAH has been the subject of a number of research analyst reports. Cowen reiterated a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research report on Monday, February 5th. Stifel Nicolaus reiterated a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, January 9th. SunTrust Banks began coverage on Booz Allen Hamilton in a research report on Friday, December 1st. They issued a “buy” rating and a $47.00 target price for the company. Finally, Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $41.25.

A number of institutional investors have recently made changes to their positions in BAH. The Manufacturers Life Insurance Company increased its stake in Booz Allen Hamilton by 8.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after purchasing an additional 347 shares during the period. New York State Common Retirement Fund increased its stake in Booz Allen Hamilton by 3.2% in the 3rd quarter. New York State Common Retirement Fund now owns 522,035 shares of the business services provider’s stock worth $19,519,000 after purchasing an additional 16,325 shares during the period. Russell Investments Group Ltd. increased its stake in Booz Allen Hamilton by 33.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 57,778 shares of the business services provider’s stock worth $2,160,000 after purchasing an additional 14,465 shares during the period. SG Americas Securities LLC increased its stake in Booz Allen Hamilton by 220.4% in the 3rd quarter. SG Americas Securities LLC now owns 39,499 shares of the business services provider’s stock worth $1,477,000 after purchasing an additional 27,171 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Booz Allen Hamilton by 7.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock worth $136,676,000 after purchasing an additional 250,461 shares during the period. 93.55% of the stock is currently owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Booz Allen Hamilton (NYSE:BAH)

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