Dimensional Fund Advisors LP Acquires 45,915 Shares of DLH Holdings Corp. (NASDAQ:DLHC)

Dimensional Fund Advisors LP grew its stake in shares of DLH Holdings Corp. (NASDAQ:DLHCFree Report) by 24.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,800 shares of the business services provider’s stock after buying an additional 45,915 shares during the period. Dimensional Fund Advisors LP owned 1.64% of DLH worth $2,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of DLHC. Vanguard Group Inc. increased its holdings in DLH by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock valued at $6,736,000 after acquiring an additional 3,627 shares during the last quarter. Essex Investment Management Co. LLC lifted its position in shares of DLH by 1.4% in the first quarter. Essex Investment Management Co. LLC now owns 98,622 shares of the business services provider’s stock worth $1,309,000 after buying an additional 1,364 shares in the last quarter. Victory Capital Management Inc. bought a new position in DLH during the second quarter valued at approximately $1,013,000. Legato Capital Management LLC grew its holdings in DLH by 48.0% during the 2nd quarter. Legato Capital Management LLC now owns 57,973 shares of the business services provider’s stock valued at $612,000 after buying an additional 18,809 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock worth $393,000 after acquiring an additional 22,928 shares during the last quarter. Hedge funds and other institutional investors own 67.25% of the company’s stock.

DLH Stock Up 1.3 %

Shares of DLHC opened at $8.80 on Friday. The business’s 50 day simple moving average is $9.96 and its 200-day simple moving average is $10.85. DLH Holdings Corp. has a 1 year low of $8.55 and a 1 year high of $17.58. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $124.78 million, a price-to-earnings ratio of 51.77 and a beta of 1.14.

DLH (NASDAQ:DLHCGet Free Report) last released its earnings results on Wednesday, July 31st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). DLH had a return on equity of 7.03% and a net margin of 0.62%. The firm had revenue of $100.69 million during the quarter, compared to the consensus estimate of $103.00 million. During the same quarter last year, the business posted $0.12 EPS. As a group, equities analysts expect that DLH Holdings Corp. will post 0.46 earnings per share for the current fiscal year.

DLH Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for DLH (NASDAQ:DLHC)

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