DHI Group's (DHX) Outperform Rating Reiterated at Barrington Research

Barrington Research reissued their outperform rating on shares of DHI Group (NYSE:DHX - Free Report) in a report issued on Thursday,Benzinga reports. They currently have a $7.00 price objective on the technology company's stock.

Separately, B. Riley lowered their price target on shares of DHI Group from $4.00 to $3.50 and set a "buy" rating for the company in a report on Wednesday, November 13th.

DHI Group Stock Performance

NYSE:DHX traded up $0.01 during midday trading on Thursday, reaching $3.02. The stock had a trading volume of 420,772 shares, compared to its average volume of 219,940. The stock has a market capitalization of $145.96 million, a P/E ratio of 302.30 and a beta of 1.11. The firm's fifty day simple moving average is $2.15 and its 200-day simple moving average is $1.91. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.47 and a quick ratio of 0.42. DHI Group has a 1-year low of $1.45 and a 1-year high of $3.14.

DHI Group (NYSE:DHX - Get Free Report) last issued its earnings results on Wednesday, February 5th. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. DHI Group had a return on equity of 9.21% and a net margin of 0.18%. On average, equities research analysts forecast that DHI Group will post 0.12 EPS for the current fiscal year.

DHI Group declared that its Board of Directors has authorized a share buyback plan on Tuesday, January 21st that authorizes the company to repurchase $5.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 4.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Institutional Investors Weigh In On DHI Group

Several large investors have recently made changes to their positions in DHX. CWC Advisors LLC. acquired a new position in DHI Group during the 3rd quarter worth approximately $327,000. Royce & Associates LP boosted its holdings in DHI Group by 5.5% during the third quarter. Royce & Associates LP now owns 3,359,148 shares of the technology company's stock worth $6,181,000 after purchasing an additional 174,010 shares during the last quarter. GSA Capital Partners LLP grew its position in DHI Group by 35.6% in the third quarter. GSA Capital Partners LLP now owns 225,353 shares of the technology company's stock valued at $415,000 after purchasing an additional 59,155 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in DHI Group by 86.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,659 shares of the technology company's stock valued at $113,000 after purchasing an additional 28,552 shares in the last quarter. Finally, Allworth Financial LP acquired a new stake in DHI Group in the 3rd quarter valued at $49,000. Institutional investors own 69.26% of the company's stock.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.