DLH (NASDAQ:DLHC) Rating Lowered to Hold at StockNews.com

StockNews.com cut shares of DLH (NASDAQ:DLHC - Free Report) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

DLH Trading Down 3.4 %

Shares of DLHC traded down $0.21 during mid-day trading on Friday, reaching $6.03. 65,989 shares of the company's stock traded hands, compared to its average volume of 37,088. The stock has a market cap of $86.77 million, a P/E ratio of 13.70 and a beta of 1.18. The stock's 50-day moving average is $7.70 and its two-hundred day moving average is $8.86. DLH has a 12 month low of $6.05 and a 12 month high of $17.58. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.04 and a quick ratio of 0.99.

DLH (NASDAQ:DLHC - Get Free Report) last released its earnings results on Wednesday, February 5th. The business services provider reported $0.08 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. DLH had a return on equity of 5.82% and a net margin of 1.64%. Research analysts forecast that DLH will post -0.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Kathryn M. Johnbull bought 10,000 shares of the company's stock in a transaction on Tuesday, December 17th. The shares were acquired at an average price of $7.76 per share, with a total value of $77,600.00. Following the transaction, the chief financial officer now owns 528,687 shares of the company's stock, valued at $4,102,611.12. The trade was a 1.93 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 15.30% of the stock is owned by insiders.

Institutional Trading of DLH

Several hedge funds and other institutional investors have recently bought and sold shares of DLHC. Dimensional Fund Advisors LP lifted its holdings in shares of DLH by 24.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider's stock valued at $2,469,000 after purchasing an additional 45,915 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of DLH during the 2nd quarter valued at $367,000. Albert D Mason Inc. lifted its holdings in shares of DLH by 1.5% during the 3rd quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider's stock valued at $876,000 after purchasing an additional 1,403 shares during the last quarter. Minerva Advisors LLC lifted its holdings in shares of DLH by 24.2% during the 3rd quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider's stock valued at $5,950,000 after purchasing an additional 123,796 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider's stock valued at $139,000 after purchasing an additional 12,906 shares during the last quarter. Institutional investors own 67.25% of the company's stock.

DLH Company 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).