Minerva Advisors LLC Boosts Stock Position in DLH Holdings Corp. (NASDAQ:DLHC)

Minerva Advisors LLC increased its position in shares of DLH Holdings Corp. (NASDAQ:DLHC - Free Report) by 24.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 636,377 shares of the business services provider's stock after purchasing an additional 123,796 shares during the quarter. DLH accounts for 3.4% of Minerva Advisors LLC's investment portfolio, making the stock its 8th biggest holding. Minerva Advisors LLC owned approximately 4.49% of DLH worth $5,950,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DLHC. Dimensional Fund Advisors LP lifted its holdings in DLH by 24.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider's stock worth $2,469,000 after buying an additional 45,915 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in shares of DLH during the 2nd quarter worth approximately $1,013,000. Vanguard Group Inc. raised its position in shares of DLH by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider's stock worth $6,736,000 after purchasing an additional 3,627 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of DLH during the 1st quarter worth approximately $328,000. Finally, Rhumbline Advisers acquired a new stake in DLH in the 2nd quarter valued at approximately $90,000. Hedge funds and other institutional investors own 67.25% of the company's stock.

DLH Stock Performance

DLHC traded down $0.11 during trading hours on Tuesday, hitting $8.33. The company's stock had a trading volume of 27,690 shares, compared to its average volume of 49,014. DLH Holdings Corp. has a fifty-two week low of $7.94 and a fifty-two week high of $17.58. The firm has a market capitalization of $118.12 million, a PE ratio of 49.65 and a beta of 1.16. The company has a 50-day simple moving average of $8.99 and a 200 day simple moving average of $10.21. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.32.

DLH Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).