Royce & Associates LP Has $4.44 Million Stock Holdings in DHI Group, Inc. (NYSE:DHX)

Key Points

• Royce & Associates LP reduced its stake in DHI Group, Inc. by 7.5%, selling 259,640 shares and maintaining ownership of approximately 3.19 million shares.
• Various institutional investors have also been active, with CWC Advisors LLC increasing its stake by 32.8%, while a downgrade from Wall Street Zen shifted DHI Group's rating from "buy" to "hold."
• DHI Group recently reported earnings of $0.04 per share, exceeding expectations, while its shares were trading down 2.2% at $2.79.

Royce & Associates LP reduced its holdings in DHI Group, Inc. (NYSE:DHX - Free Report) by 7.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,191,294 shares of the technology company's stock after selling 259,640 shares during the quarter. Royce & Associates LP owned approximately 6.61% of DHI Group worth $4,436,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Northern Trust Corp lifted its position in DHI Group by 7.0% in the 4th quarter. Northern Trust Corp now owns 77,687 shares of the technology company's stock valued at $138,000 after purchasing an additional 5,090 shares during the last quarter. XTX Topco Ltd acquired a new position in DHI Group during the 4th quarter valued at about $25,000. NewEdge Advisors LLC acquired a new position in DHI Group during the 4th quarter valued at about $32,000. Ritholtz Wealth Management acquired a new position in DHI Group during the 1st quarter valued at about $37,000. Finally, CWC Advisors LLC. increased its stake in DHI Group by 32.8% during the 1st quarter. CWC Advisors LLC. now owns 235,603 shares of the technology company's stock valued at $327,000 after buying an additional 58,137 shares during the period. 69.26% of the stock is currently owned by institutional investors.

DHI Group Price Performance

Shares of DHX traded up $0.03 during mid-day trading on Thursday, hitting $2.68. The company's stock had a trading volume of 3,910 shares, compared to its average volume of 146,515. The firm has a 50-day moving average price of $2.62 and a 200 day moving average price of $2.23. The stock has a market capitalization of $130.41 million, a price-to-earnings ratio of -15.73 and a beta of 1.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.47 and a quick ratio of 0.47. DHI Group, Inc. has a fifty-two week low of $1.21 and a fifty-two week high of $3.34.

DHI Group (NYSE:DHX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. The company had revenue of $32.30 million for the quarter, compared to analysts' expectations of $32.23 million. DHI Group had a negative net margin of 5.49% and a positive return on equity of 9.22%. On average, research analysts predict that DHI Group, Inc. will post 0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of DHI Group from a "buy" rating to a "hold" rating in a research note on Friday, May 16th.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.