W.E. Donoghue & Co. LLC Boosts Stock Position in Booz Allen Hamilton Holding Co. (NYSE:BAH)

W.E. Donoghue & Co. LLC raised its position in shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) by 110.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,367 shares of the business services provider’s stock after purchasing an additional 20,690 shares during the quarter. W.E. Donoghue & Co. LLC’s holdings in Booz Allen Hamilton were worth $2,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC bought a new position in Booz Allen Hamilton in the fourth quarter valued at about $447,000. FMR LLC raised its stake in shares of Booz Allen Hamilton by 61.8% in the fourth quarter. FMR LLC now owns 3,216,528 shares of the business services provider’s stock worth $144,968,000 after buying an additional 1,228,961 shares during the period. Norges Bank bought a new position in shares of Booz Allen Hamilton in the fourth quarter worth about $56,685,000. Geode Capital Management LLC raised its stake in shares of Booz Allen Hamilton by 9.1% in the fourth quarter. Geode Capital Management LLC now owns 1,481,657 shares of the business services provider’s stock worth $66,778,000 after buying an additional 123,410 shares during the period. Finally, Hollencrest Capital Management raised its stake in shares of Booz Allen Hamilton by 4.8% in the first quarter. Hollencrest Capital Management now owns 6,497 shares of the business services provider’s stock worth $378,000 after buying an additional 298 shares during the period. Institutional investors and hedge funds own 94.53% of the company’s stock.

In other Booz Allen Hamilton news, VP Laura S. Adams sold 780 shares of Booz Allen Hamilton stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $65.63, for a total transaction of $51,191.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Horacio Rozanski sold 31,000 shares of Booz Allen Hamilton stock in a transaction on Monday, July 15th. The shares were sold at an average price of $68.77, for a total value of $2,131,870.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 197,788 shares of company stock valued at $13,624,612. 2.60% of the stock is currently owned by corporate insiders.

Several research analysts have recently commented on the company. Jefferies Financial Group raised their price objective on Booz Allen Hamilton from $61.00 to $69.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 29th. Morgan Stanley started coverage on Booz Allen Hamilton in a research note on Monday, June 3rd. They issued an “overweight” rating and a $70.00 price objective on the stock. SunTrust Banks increased their target price on Booz Allen Hamilton to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. Goldman Sachs Group started coverage on Booz Allen Hamilton in a research report on Thursday, May 9th. They set a “buy” rating for the company. Finally, Zacks Investment Research upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $71.00 target price for the company in a research report on Friday, June 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. Booz Allen Hamilton currently has an average rating of “Buy” and a consensus target price of $66.70.

NYSE BAH traded down $0.18 during trading on Friday, hitting $68.77. 36,684 shares of the stock traded hands, compared to its average volume of 821,610. The firm has a market capitalization of $9.76 billion, a P/E ratio of 24.93, a P/E/G ratio of 1.85 and a beta of 0.94. The company has a 50-day moving average of $67.24. The company has a quick ratio of 1.44, a current ratio of 1.75 and a debt-to-equity ratio of 3.14. Booz Allen Hamilton Holding Co. has a 12-month low of $43.24 and a 12-month high of $71.92.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Monday, July 29th. The business services provider reported $0.83 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.11. Booz Allen Hamilton had a return on equity of 59.44% and a net margin of 6.27%. The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the business earned $0.72 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis. Equities analysts forecast that Booz Allen Hamilton Holding Co. will post 3.04 EPS for the current fiscal year.

About Booz Allen Hamilton

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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