DHI Group (NYSE:DHX) Stock Rating Lowered by Zacks Research

DHI Group (NYSE:DHX) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. B. Riley Financial boosted their target price on shares of DHI Group from $4.50 to $5.25 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen upgraded DHI Group from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Lake Street Capital raised DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a report on Thursday. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price target on shares of DHI Group in a report on Monday, May 18th. Finally, Weiss Ratings cut DHI Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.75.

DHI Group Stock Down 5.2%

Shares of NYSE:DHX opened at $3.92 on Thursday. DHI Group has a fifty-two week low of $1.44 and a fifty-two week high of $4.45. The firm’s 50 day moving average price is $3.84 and its 200 day moving average price is $3.10. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.34. The stock has a market cap of $169.21 million, a price-to-earnings ratio of 130.61 and a beta of 1.21.

DHI Group (NYSE:DHX) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. The company had revenue of $31.34 million during the quarter, compared to analysts’ expectations of $30.88 million. As a group, equities research analysts predict that DHI Group will post 0.24 earnings per share for the current fiscal year.

Insider Activity at DHI Group

In related news, Director Kathleen M. Swann sold 20,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $3.83, for a total value of $76,600.00. Following the transaction, the director directly owned 193,154 shares of the company’s stock, valued at $739,779.82. This trade represents a 9.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 16.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On DHI Group

Several large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in shares of DHI Group by 1.2% in the second quarter. Geode Capital Management LLC now owns 361,314 shares of the technology company’s stock valued at $1,073,000 after acquiring an additional 4,188 shares during the period. Empowered Funds LLC grew its position in shares of DHI Group by 13.9% during the first quarter. Empowered Funds LLC now owns 75,295 shares of the technology company’s stock worth $212,000 after acquiring an additional 9,192 shares during the last quarter. Sei Investments Co. increased its holdings in shares of DHI Group by 22.3% in the 2nd quarter. Sei Investments Co. now owns 57,089 shares of the technology company’s stock valued at $170,000 after acquiring an additional 10,426 shares during the period. Prudential Financial Inc. acquired a new position in shares of DHI Group in the 2nd quarter valued at $33,000. Finally, Bank of America Corp DE increased its holdings in shares of DHI Group by 17.8% in the 1st quarter. Bank of America Corp DE now owns 87,978 shares of the technology company’s stock valued at $247,000 after acquiring an additional 13,317 shares during the period. Institutional investors and hedge funds own 69.26% of the company’s stock.

DHI Group Company Profile

DHI Group, Inc (NYSE: DHX) is a specialized professional recruitment and career development company that operates digital platforms connecting technology and security-cleared professionals with employers worldwide. Founded in 1990 as a niche job board for technology talent, the company completed its initial public offering in 2007 and trades on the New York Stock Exchange under the ticker symbol DHX.

The company’s primary offerings include Dice.com, a careers platform designed for technology professionals, and ClearanceJobs, a specialized service catering to candidates holding U.S.