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

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

DLH Price Performance

Shares of DLHC opened at $10.67 on Friday. The company has a market capitalization of $151.83 million, a P/E ratio of 71.14 and a beta of 1.20. 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 firm has a 50 day moving average of $13.77 and a 200 day moving average of $14.50. DLH has a twelve month low of $9.01 and a twelve month high of $17.58.

DLH (NASDAQ:DLHC) last issued its 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. DLH had a net margin of 0.51% and a return on equity of 6.78%. The company had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $101.00 million. As a group, equities research analysts anticipate that DLH will post 0.55 earnings per share for the current fiscal year.

Insider Activity at DLH

In related news, insider Jeanine M. Christian sold 3,826 shares of DLH stock in a transaction 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 transaction, the insider now owns 21,125 shares in the company, valued at approximately $358,913.75. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 21.60% of the stock is owned by corporate insiders.

Institutional Trading of DLH

A number of institutional investors and hedge funds have recently bought and sold shares of DLHC. Minerva Advisors LLC increased its holdings in shares of DLH by 16.7% in the 3rd quarter. Minerva Advisors LLC now owns 505,581 shares of the business services provider’s stock worth $5,723,000 after buying an additional 72,173 shares during the last quarter. Cove Street Capital LLC increased its holdings in shares of DLH by 14.6% in the 3rd quarter. Cove Street Capital LLC now owns 803,460 shares of the business services provider’s stock worth $9,376,000 after buying an additional 102,275 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in shares of DLH in the 3rd quarter worth about $1,180,000. Legato Capital Management LLC increased its holdings in shares of DLH by 3.2% in the 4th quarter. Legato Capital Management LLC now owns 39,164 shares of the business services provider’s stock worth $617,000 after buying an additional 1,203 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in DLH by 6.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 33,155 shares of the business services provider’s stock valued at $387,000 after purchasing an additional 1,872 shares during the last quarter. 67.25% of the stock is currently owned by institutional investors.

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).