DLH (DLHC) Lowered to “C” at TheStreet

DLH (NASDAQ:DLHC) was downgraded by equities researchers at TheStreet from a “b-” rating to a “c” rating in a research note issued to investors on Thursday.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of DLH from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research note on Friday, December 8th. Canaccord Genuity reaffirmed a “buy” rating and set a $7.00 price target on shares of DLH in a research note on Friday, October 13th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $7.17.

Shares of DLH (DLHC) opened at $6.14 on Thursday. DLH has a 12-month low of $4.10 and a 12-month high of $6.83. The company has a market cap of $73.08, a price-to-earnings ratio of 21.96 and a beta of 0.12.

DLH (NASDAQ:DLHC) last released its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. DLH had a net margin of 0.09% and a return on equity of 10.01%. The firm had revenue of $30.22 million during the quarter, compared to the consensus estimate of $29.00 million. analysts expect that DLH will post 0.56 earnings per share for the current year.

In other news, major shareholder Wynnefield Partners Small Cap sold 150,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $6.15, for a total transaction of $922,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 25.90% of the company’s stock.

Large investors have recently bought and sold shares of the company. Commonwealth Equity Services Inc acquired a new stake in DLH in the 3rd quarter valued at about $2,342,000. Essex Investment Management Co. LLC grew its stake in DLH by 149.2% in the 3rd quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock valued at $466,000 after acquiring an additional 43,043 shares during the last quarter. Finally, Dimensional Fund Advisors LP acquired a new stake in DLH in the 3rd quarter valued at about $121,000. 54.27% of the stock is currently owned by institutional investors and hedge funds.

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DLH Company Profile

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans’ health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

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