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

DLH (NASDAQ:DLHC) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Friday.

DLH Trading Down 2.0 %

Shares of DLHC stock opened at $10.67 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $151.83 million, a PE ratio of 71.14 and a beta of 1.20. The company has a 50-day moving average of $13.77 and a two-hundred day moving average of $14.50. DLH has a 1-year low of $9.01 and a 1-year high of $17.58.

DLH (NASDAQ:DLHC) last issued its quarterly earnings results on Wednesday, January 31st. The business services provider reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. The business had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $101.00 million. DLH had a net margin of 0.51% and a return on equity of 6.78%. On average, analysts predict that DLH will post 0.55 EPS for the current year.

Insiders Place Their Bets

In other DLH news, insider Jeanine M. Christian sold 3,826 shares of the firm’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 transaction of $65,003.74. Following the sale, the insider now owns 21,125 shares of the company’s stock, valued at $358,913.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 21.60% of the stock is owned by corporate insiders.

Institutional Trading of DLH

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DLHC. Cove Street Capital LLC grew its position in shares of DLH by 14.6% during the third quarter. Cove Street Capital LLC now owns 803,460 shares of the business services provider’s stock worth $9,376,000 after acquiring an additional 102,275 shares during the last quarter. Essex Investment Management Co. LLC purchased a new position in shares of DLH during the third quarter worth approximately $1,180,000. Minerva Advisors LLC grew its position in DLH by 16.7% in the 3rd quarter. Minerva Advisors LLC now owns 505,581 shares of the business services provider’s stock valued at $5,723,000 after buying an additional 72,173 shares during the last quarter. Wasatch Advisors LP grew its position in DLH by 9.6% in the 4th quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock valued at $8,634,000 after buying an additional 47,866 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in DLH by 6.0% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 33,155 shares of the business services provider’s stock valued at $387,000 after buying an additional 1,872 shares during the last quarter. Institutional investors and hedge funds 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).