Tieton Capital Management LLC Makes New Investment in DHI Group, Inc. $DHX

Tieton Capital Management LLC bought a new position in DHI Group, Inc. (NYSE:DHX) during the second quarter, HoldingsChannel.com reports. The fund bought 3,165,444 shares of the technology company’s stock, valued at approximately $11,744,000. DHI Group comprises about 3.4% of Tieton Capital Management LLC’s holdings, making the stock its 12th largest holding. Tieton Capital Management LLC owned about 0.07% of DHI Group as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DHX. Zacks Research cut shares of DHI Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Weiss Ratings raised DHI Group from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. B. Riley Financial increased their target price on DHI Group from $4.50 to $5.25 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen raised DHI Group from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 9th. Finally, Lake Street Capital upgraded DHI Group from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, DHI Group has an average rating of “Moderate Buy” and an average price target of $6.75.

DHI Group Stock Down 0.9%

Shares of DHI Group stock opened at $4.23 on Thursday. DHI Group, Inc. has a twelve month low of $1.44 and a twelve month high of $4.50. 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 company’s 50 day moving average is $3.90 and its 200 day moving average is $3.23. The company has a market cap of $183.75 million, a price-to-earnings ratio of 141.11 and a beta of 1.21.

DHI Group (NYSE:DHX) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $31.34 million during the quarter, compared to analyst estimates of $30.88 million. DHI Group had a net margin of 0.97% and a return on equity of 13.01%. Research analysts anticipate that DHI Group, Inc. will post 0.27 EPS for the current year.

About DHI Group

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.