Capital Management Corp VA Boosts Position in Mastech Digital, Inc. (NYSE:MHH)

Capital Management Corp VA lifted its stake in shares of Mastech Digital, Inc. (NYSE:MHH - Free Report) by 12.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 772,541 shares of the company's stock after acquiring an additional 86,290 shares during the period. Capital Management Corp VA owned 6.57% of Mastech Digital worth $7,888,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Mastech Digital by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 238,705 shares of the company's stock worth $3,557,000 after acquiring an additional 3,922 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Mastech Digital by 39.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 195,264 shares of the company's stock worth $1,994,000 after acquiring an additional 54,766 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Mastech Digital by 2.4% during the 4th quarter. Renaissance Technologies LLC now owns 111,727 shares of the company's stock worth $1,665,000 after acquiring an additional 2,600 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Mastech Digital by 7.6% during the 4th quarter. Geode Capital Management LLC now owns 51,384 shares of the company's stock worth $766,000 after acquiring an additional 3,631 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Mastech Digital by 74.3% during the 4th quarter. Northern Trust Corp now owns 25,631 shares of the company's stock worth $382,000 after acquiring an additional 10,930 shares during the period. 18.43% of the stock is currently owned by hedge funds and other institutional investors.

Mastech Digital Stock Up 1.4%

Shares of MHH stock traded up $0.11 during trading hours on Friday, hitting $7.96. 6,196 shares of the company were exchanged, compared to its average volume of 21,758. The firm has a market cap of $93.65 million, a PE ratio of 27.45, a PEG ratio of 0.79 and a beta of 0.73. Mastech Digital, Inc. has a 1 year low of $6.20 and a 1 year high of $16.00. The firm has a fifty day moving average of $6.85 and a 200 day moving average of $7.58.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Mastech Digital from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.

Mastech Digital Company Profile

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.