StockNews.com Downgrades DLH (NASDAQ:DLHC) to Buy

DLH (NASDAQ:DLHC - Get Free Report) was downgraded by research analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a report issued on Wednesday.

DLH Trading Down 4.0 %

Shares of NASDAQ DLHC traded down $0.51 during trading hours on Wednesday, reaching $12.27. The stock had a trading volume of 13,983 shares, compared to its average volume of 38,275. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.45. The firm has a market cap of $174.60 million, a price-to-earnings ratio of 81.81 and a beta of 1.20. The business's fifty day moving average price is $14.82 and its two-hundred day moving average price is $14.55. DLH has a 52-week low of $9.01 and a 52-week high of $17.58.

DLH (NASDAQ:DLHC - Get Free Report) last posted its earnings results on Wednesday, January 31st. The business services provider reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.03. The company had revenue of $97.85 million during the quarter, compared to analyst estimates of $101.00 million. DLH had a return on equity of 6.78% and a net margin of 0.51%. Analysts expect that DLH will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other DLH news, insider Jeanine M. Christian sold 3,826 shares of the company's stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $16.99, for a total transaction of $65,003.74. Following the completion of the sale, the insider now owns 21,125 shares in the company, valued at $358,913.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 21.60% of the stock is owned by company insiders.

Institutional Trading of DLH

Hedge funds and other institutional investors have recently made changes to their positions in the business. Citigroup Inc. purchased a new stake in shares of DLH during the 1st quarter valued at $28,000. UBS Group AG acquired a new position in shares of DLH in the 2nd quarter valued at $33,000. Trexquant Investment LP acquired a new position in shares of DLH in the 3rd quarter valued at $123,000. Barclays PLC increased its position in shares of DLH by 334.5% in the 4th quarter. Barclays PLC now owns 8,881 shares of the business services provider's stock valued at $140,000 after acquiring an additional 6,837 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of DLH in the 3rd quarter valued at $163,000. Hedge funds and other institutional investors own 67.25% of the company's stock.

DLH Company Profile

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).

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