DLH (NASDAQ:DLHC) Lifted to Strong-Buy at StockNews.com

DLH (NASDAQ:DLHC) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Thursday.

DLH Stock Down 2.2 %

Shares of NASDAQ DLHC opened at $11.12 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $158.24 million, a price-to-earnings ratio of 74.14 and a beta of 1.20. The stock has a 50 day moving average price of $14.35 and a 200 day moving average price of $14.54. DLH has a 52-week low of $9.01 and a 52-week high of $17.58.

DLH (NASDAQ:DLHC) last announced its quarterly earnings results on Wednesday, January 31st. The business services provider reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $97.85 million during the quarter, compared to analyst estimates of $101.00 million. DLH had a return on equity of 6.78% and a net margin of 0.51%. Sell-side analysts expect that DLH will post 0.55 earnings per share for the current year.

Insider Activity at DLH

In related news, insider Jeanine M. Christian sold 3,826 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The shares were 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 owns 21,125 shares of the company’s stock, valued at $358,913.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 21.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On DLH

A number of large investors have recently bought and sold shares of DLHC. Citigroup Inc. acquired a new position in shares of DLH during the first quarter worth $28,000. UBS Group AG acquired a new position in shares of DLH during the second quarter worth $33,000. Trexquant Investment LP purchased a new stake in shares of DLH during the third quarter valued at $123,000. Barclays PLC grew its holdings 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 valued at $140,000 after buying an additional 6,837 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of DLH during the third quarter valued at $163,000. 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).