Booz Allen Hamilton Holding Co. (BAH) CEO Horacio Rozanski Sells 35,870 Shares

Booz Allen Hamilton Holding Co. (NYSE:BAH) CEO Horacio Rozanski sold 35,870 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,435,876.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Booz Allen Hamilton Holding Co. (NYSE:BAH) traded down $0.39 during trading hours on Thursday, reaching $39.63. The company’s stock had a trading volume of 444,337 shares, compared to its average volume of 815,292. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Co. has a 52 week low of $31.06 and a 52 week high of $40.25. The stock has a market cap of $5,780.00, a PE ratio of 22.02, a PEG ratio of 2.40 and a beta of 1.28.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Booz Allen Hamilton had a return on equity of 48.30% and a net margin of 4.52%. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 1.96 EPS for the current year.

Several research firms have issued reports on BAH. Jefferies Group upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Vertical Research upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a report on Tuesday, October 3rd. Wells Fargo & Co boosted their price objective on Booz Allen Hamilton from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Zacks Investment Research upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a report on Monday, October 9th. Finally, Stifel Nicolaus restated a “buy” rating and set a $50.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 9th. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Booz Allen Hamilton has an average rating of “Buy” and a consensus price target of $41.32.

Large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC grew its stake in shares of Booz Allen Hamilton by 120.4% in the 3rd quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock valued at $107,583,000 after buying an additional 1,571,542 shares in the last quarter. Southpoint Capital Advisors LP bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $19,524,000. ETF Managers Group LLC bought a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at approximately $14,277,000. Artemis Investment Management LLP grew its stake in shares of Booz Allen Hamilton by 78.6% in the 3rd quarter. Artemis Investment Management LLP now owns 885,534 shares of the business services provider’s stock valued at $33,106,000 after buying an additional 389,614 shares in the last quarter. Finally, AXA bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at approximately $13,359,000. 92.81% of the stock is currently owned by institutional investors.

WARNING: This article was first posted by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/18/booz-allen-hamilton-holding-co-bah-ceo-horacio-rozanski-sells-35870-shares.html.

Booz Allen Hamilton 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.

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

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply