Booz Allen Hamilton Holding Corporation (NYSE:BAH) issued its quarterly earnings results on Monday. The business services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.06, Bloomberg Earnings reports. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 49.46% and a net margin of 4.35%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share. Booz Allen Hamilton Holding Corporation updated its FY18 guidance to $1.83-1.93 EPS.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 34.61 on Monday. The stock has a market capitalization of $5.12 billion, a PE ratio of 20.79 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67. The stock has a 50 day moving average price of $33.73 and a 200 day moving average price of $35.48.

The company also recently disclosed a dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, August 14th will be paid a $0.17 dividend. This is a boost from Booz Allen Hamilton Holding Corporation’s previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is presently 40.72%.

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Several equities research analysts have weighed in on BAH shares. Jefferies Group LLC downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price target for the company. in a report on Monday, July 17th. Cowen and Company reissued a “buy” rating and issued a $41.00 price target (down previously from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Monday, June 26th. Wells Fargo & Company reissued an “outperform” rating and issued a $40.00 price target (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Friday, June 16th. Barclays PLC downgraded Booz Allen Hamilton Holding Corporation from an “overweight” rating to an “equal weight” rating and set a $38.00 price target for the company. in a report on Monday, May 1st. Finally, Bank of America Corporation downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a report on Friday, June 16th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $37.35.

In related news, CFO Lloyd Howell, Jr. sold 24,140 shares of the company’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $38.51, for a total value of $929,631.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Joseph W. Mahaffee sold 50,000 shares of the company’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $39.00, for a total value of $1,950,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 239,140 shares of company stock valued at $9,225,081. Insiders own 3.04% of the company’s stock.

Several hedge funds have recently made changes to their positions in BAH. Vanguard Group Inc. boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 7.2% in the first quarter. Vanguard Group Inc. now owns 14,534,410 shares of the business services provider’s stock worth $514,372,000 after buying an additional 979,130 shares during the period. BlackRock Inc. boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 1,951.0% in the first quarter. BlackRock Inc. now owns 8,227,419 shares of the business services provider’s stock worth $291,169,000 after buying an additional 7,826,286 shares during the period. William Blair Investment Management LLC boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 1.3% in the second quarter. William Blair Investment Management LLC now owns 7,862,778 shares of the business services provider’s stock worth $255,855,000 after buying an additional 99,904 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 7.5% in the first quarter. Alliancebernstein L.P. now owns 6,069,268 shares of the business services provider’s stock worth $214,791,000 after buying an additional 422,448 shares during the period. Finally, FMR LLC boosted its stake in shares of Booz Allen Hamilton Holding Corporation by 4.9% in the first quarter. FMR LLC now owns 5,497,766 shares of the business services provider’s stock worth $194,566,000 after buying an additional 258,866 shares during the period. 95.17% of the stock is owned by hedge funds and other institutional investors.

About Booz Allen Hamilton Holding Corporation

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.

Earnings History for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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