DLH (NASDAQ:DLHC) Upgraded by StockNews.com to Strong-Buy

StockNews.com upgraded shares of DLH (NASDAQ:DLHC) from a buy rating to a strong-buy rating in a research note issued to investors on Thursday morning.

DLH Trading Down 0.7 %

Shares of DLH stock opened at $11.04 on Thursday. The company has a 50-day moving average of $14.24 and a two-hundred day moving average of $14.51. The stock has a market cap of $157.10 million, a PE ratio of 73.60 and a beta of 1.20. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.45. DLH has a 12-month low of $9.01 and a 12-month high of $17.58.

DLH (NASDAQ:DLHC) last issued its quarterly earnings data 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 firm had revenue of $97.85 million during the quarter, compared to analysts’ expectations of $101.00 million. DLH had a return on equity of 6.78% and a net margin of 0.51%. On average, research analysts anticipate that DLH will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling at DLH

In other 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 completion of the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at approximately $358,913.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 21.60% of the stock is currently owned by insiders.

Institutional Trading of DLH

A number of large investors have recently made changes to their positions in the stock. UBS Group AG acquired a new stake in shares of DLH during the 2nd quarter worth about $33,000. Providence Capital Advisors LLC acquired a new position in DLH in the 1st quarter valued at $200,000. Citigroup Inc. purchased a new position in shares of DLH during the 1st quarter worth $28,000. Barclays PLC boosted its holdings in shares of DLH by 334.5% during the fourth quarter. Barclays PLC now owns 8,881 shares of the business services provider’s stock worth $140,000 after purchasing an additional 6,837 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of DLH in the third quarter valued at $123,000. Institutional investors and hedge funds own 67.25% of the company’s stock.

About DLH

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).