BlackRock Amends Booz Allen Hamilton Stake (SC 13G/A)
Ticker: BAH · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1443646
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Booz Allen Hamilton.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating a change in its ownership of Booz Allen Hamilton Holding Corp.'s Class A Common Stock as of December 31, 2023. This amendment, number 5, shows BlackRock's updated passive investment stake in the management consulting firm. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or investment strategy regarding Booz Allen Hamilton, potentially influencing other investors.
Why It Matters
This filing updates BlackRock's passive ownership in Booz Allen Hamilton, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive interest in Booz Allen Hamilton, but this filing alone doesn't suggest a need for immediate action. It's a routine update reflecting an institutional position.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Booz Allen Hamilton Holding Corp. (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the 'subject company' in this filing?
The subject company is Booz Allen Hamilton Holding Corporation, identified by the CIK 0001443646.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., identified by the CIK 0001364742.
What is the specific class of securities being reported?
The specific class of securities being reported is Class A Common Stock of Booz Allen Hamilton Holding Corporation.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding Booz Allen Hamilton Holding Corp (BAH).