Pacific Ridge Capital Partners LLC Decreases Stock Position in DHI Group, Inc. (NYSE:DHX)

Pacific Ridge Capital Partners LLC trimmed its position in shares of DHI Group, Inc. (NYSE:DHX) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,111,143 shares of the technology company’s stock after selling 126,804 shares during the period. Pacific Ridge Capital Partners LLC owned approximately 6.44% of DHI Group worth $4,324,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in DHI Group during the 4th quarter worth approximately $25,000. NewEdge Advisors LLC bought a new stake in shares of DHI Group in the fourth quarter worth $32,000. Northern Trust Corp raised its holdings in DHI Group by 7.0% in the fourth quarter. Northern Trust Corp now owns 77,687 shares of the technology company’s stock valued at $138,000 after acquiring an additional 5,090 shares in the last quarter. AWM Investment Company Inc. boosted its stake in DHI Group by 17.2% during the 4th quarter. AWM Investment Company Inc. now owns 681,000 shares of the technology company’s stock valued at $1,205,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Ritholtz Wealth Management acquired a new position in DHI Group during the 1st quarter worth $37,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

DHI Group Trading Down 1.9%

NYSE:DHX opened at $2.61 on Friday. The company has a market cap of $127.24 million, a PE ratio of -15.35 and a beta of 1.53. The business’s 50 day moving average is $2.65 and its two-hundred day moving average is $2.23. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.32. DHI Group, Inc. has a 52 week low of $1.21 and a 52 week high of $3.34.

DHI Group (NYSE:DHX) last released its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. DHI Group had a negative net margin of 5.49% and a positive return on equity of 9.22%. The firm had revenue of $32.30 million during the quarter, compared to the consensus estimate of $32.23 million. On average, analysts predict that DHI Group, Inc. will post 0.11 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, May 16th.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.