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

Barrington Research restated their outperform rating on shares of DHI Group (NYSE:DHX) in a research note released on Friday morning,Benzinga reports. Barrington Research currently has a $10.00 price objective on the technology company’s stock.

A number of other research firms also recently weighed in on DHX. Zacks Research raised DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reissued a “sell (d)” rating on shares of DHI Group in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.25.

DHI Group Trading Down 1.1%

DHX opened at $2.46 on Friday. The company has a fifty day moving average price of $2.21 and a two-hundred day moving average price of $2.13. DHI Group has a 1-year low of $1.21 and a 1-year high of $3.34. The company has a market cap of $110.76 million, a P/E ratio of -8.21 and a beta of 1.37. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.32.

DHI Group declared that its Board of Directors has initiated a stock buyback plan on Wednesday, February 4th that authorizes the company to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 12.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On DHI Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC boosted its holdings in DHI Group by 258.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 20,920 shares of the technology company’s stock worth $29,000 after acquiring an additional 15,089 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of DHI Group by 122.3% in the first quarter. NewEdge Advisors LLC now owns 40,716 shares of the technology company’s stock valued at $57,000 after purchasing an additional 22,399 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of DHI Group by 37.6% in the first quarter. Goldman Sachs Group Inc. now owns 316,808 shares of the technology company’s stock valued at $440,000 after purchasing an additional 86,631 shares during the last quarter. Jane Street Group LLC lifted its position in shares of DHI Group by 229.4% during the first quarter. Jane Street Group LLC now owns 96,005 shares of the technology company’s stock valued at $133,000 after purchasing an additional 66,861 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of DHI Group by 1.2% during the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after purchasing an additional 4,188 shares in the last quarter. 69.26% of the stock is owned by hedge funds and other institutional investors.

About DHI Group

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.