DLH (NASDAQ:DLHC) Stock Rating Lowered by StockNews.com

StockNews.com cut shares of DLH (NASDAQ:DLHC) from a strong-buy rating to a buy rating in a research report sent to investors on Wednesday.

DLH Trading Down 4.0 %

DLHC stock opened at $12.27 on Wednesday. The company has a market cap of $174.61 million, a P/E ratio of 81.80 and a beta of 1.20. DLH has a twelve month low of $9.01 and a twelve month high of $17.58. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.45. The business has a fifty day moving average of $14.82 and a 200-day moving average of $14.55.

DLH (NASDAQ:DLHC) last announced its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. DLH had a return on equity of 6.78% and a net margin of 0.51%. The business had revenue of $97.85 million during the quarter, compared to analysts’ expectations of $101.00 million. As a group, equities research analysts expect that DLH will post 0.55 EPS for the current year.

Insider Buying and Selling at DLH

In other DLH news, insider Jeanine M. Christian sold 3,826 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $16.99, for a total value of $65,003.74. Following the completion of the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at $358,913.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 21.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of DLH by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 503,996 shares of the business services provider’s stock worth $7,938,000 after buying an additional 11,128 shares during the period. Barclays PLC boosted its position in shares of DLH by 334.5% during the fourth quarter. Barclays PLC now owns 8,881 shares of the business services provider’s stock worth $140,000 after buying an additional 6,837 shares during the period. Wasatch Advisors LP boosted its position in shares of DLH by 9.6% during the fourth quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock worth $8,634,000 after buying an additional 47,866 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of DLH during the fourth quarter worth about $266,000. Finally, Northern Trust Corp boosted its position in shares of DLH by 11.8% during the fourth quarter. Northern Trust Corp now owns 26,542 shares of the business services provider’s stock worth $418,000 after buying an additional 2,796 shares during the period. 67.25% of the stock is owned by institutional investors and hedge funds.

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).