|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Baron Funds Comments on Booz Allen Hamilton Holding Inc.
Posted by: Holly LaFon (IP Logged)
Date: August 23, 2012 03:05PM
From Baron Funds' second quarter commentary:
Booz Allen Hamilton Holding Corp. (BAH) shares also fell in the June quarter. Booz Allen is an important consultant to our government. The company has long term relationships with government agencies that we think would be hard to duplicate for this cyber security specialist. Booz Allen is now building a commercial business to provide cyber security services, an endeavor we think will likely also be successful. Booz Allen will soon pay its shareholders a special $6.50 dividend. We owned more than four million shares of Booz Allen during the past year at an average cost of $16.89 per share.We expect that Booz Allen, after paying this dividend, could earn more than $1.60 per share the next year.
Guru Discussed: Ron Baron: Current Portfolio, Stock Picks
Stocks Discussed: BAH,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.