Booz Allen Hamilton Holding Corporation (NYSE:BAH) saw a large decrease in short interest during the month of October. As of October 13th, there was short interest totalling 892,716 shares, a decrease of 41.1% from the September 29th total of 1,514,527 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 1,053,725 shares, the days-to-cover ratio is presently 0.8 days.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at 37.40 on Tuesday. Booz Allen Hamilton Holding Corporation has a one year low of $29.90 and a one year high of $39.67. The stock’s 50 day moving average price is $37.12 and its 200-day moving average price is $35.58. The stock has a market cap of $5.56 billion, a PE ratio of 21.46 and a beta of 1.30.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business earned $0.46 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 earnings per share for the current fiscal year.

In other news, insider Karen M. Dahut sold 36,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $34.02, for a total transaction of $1,224,720.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karen M. Dahut sold 46,406 shares of the company’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $38.02, for a total transaction of $1,764,356.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 150,407 shares of company stock valued at $5,434,430. Corporate insiders own 3.04% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Booz Allen Hamilton Holding Corporation during the 1st quarter worth about $102,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Booz Allen Hamilton Holding Corporation by 7.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 3,470 shares of the business services provider’s stock valued at $123,000 after acquiring an additional 250 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of Booz Allen Hamilton Holding Corporation by 13.1% during the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 405 shares during the last quarter. Public Employees Retirement Association of Colorado increased its holdings in shares of Booz Allen Hamilton Holding Corporation by 27.8% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 4,602 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 1,001 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Booz Allen Hamilton Holding Corporation by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 347 shares during the last quarter. 93.20% of the stock is owned by institutional investors.

A number of analysts have recently issued reports on the company. Wells Fargo & Company boosted their target price on Booz Allen Hamilton Holding Corporation from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Zacks Investment Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Cowen and Company reiterated a “buy” rating and set a $50.00 target price (up previously from $41.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Thursday, October 12th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Tuesday, October 3rd. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $36.00 target price on shares of Booz Allen Hamilton Holding Corporation in a report on Thursday, September 21st. Seven research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $39.72.

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Booz Allen Hamilton Holding Corporation Company Profile

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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