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

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

DLH Stock Performance

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

DLH (NASDAQ:DLHC) last issued its quarterly earnings results on Wednesday, January 31st. The business services provider reported $0.15 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $101.00 million. On average, research analysts predict that DLH will post 0.55 EPS for the current fiscal year.

Insider Activity

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 sale, the insider now directly owns 21,125 shares in the company, valued at approximately $358,913.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 21.60% of the company’s stock.

Institutional Investors Weigh In On DLH

Several hedge funds and other institutional investors have recently bought and sold shares of DLHC. Cove Street Capital LLC increased its stake in DLH by 14.6% in the third quarter. Cove Street Capital LLC now owns 803,460 shares of the business services provider’s stock valued at $9,376,000 after purchasing an additional 102,275 shares during the period. Wasatch Advisors LP increased its stake in DLH by 9.6% in the fourth quarter. Wasatch Advisors LP now owns 548,217 shares of the business services provider’s stock valued at $8,634,000 after purchasing an additional 47,866 shares during the period. Minerva Advisors LLC increased its stake in DLH by 16.7% in the third quarter. Minerva Advisors LLC now owns 505,581 shares of the business services provider’s stock valued at $5,723,000 after purchasing an additional 72,173 shares during the period. Vanguard Group Inc. increased its stake in DLH by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 503,996 shares of the business services provider’s stock valued at $7,938,000 after purchasing an additional 11,128 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of DLH by 3.4% in the first quarter. Renaissance Technologies LLC now owns 309,668 shares of the business services provider’s stock valued at $3,552,000 after acquiring an additional 10,300 shares in the last quarter. 67.25% of the stock is currently owned by institutional investors and hedge funds.

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).