DLH (NASDAQ:DLHC) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of DLH (NASDAQ:DLHC) from a buy rating to a strong-buy rating in a research note released on Thursday morning.

DLH Stock Performance

DLHC stock opened at $11.04 on Thursday. The company has a market capitalization of $157.10 million, a P/E ratio of 73.60 and a beta of 1.20. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.45. The company has a 50-day simple moving average of $14.24 and a 200 day simple moving average of $14.51. DLH has a fifty-two week low of $9.01 and a fifty-two week high of $17.58.

DLH (NASDAQ:DLHC) last posted its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.03. DLH had a net margin of 0.51% and a return on equity of 6.78%. The business had revenue of $97.85 million during the quarter, compared to analysts’ expectations of $101.00 million. Sell-side analysts predict that DLH will post 0.55 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Jeanine M. Christian sold 3,826 shares of DLH stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $16.99, for a total transaction of $65,003.74. Following the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at $358,913.75. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 21.60% of the company’s stock.

Institutional Trading of DLH

A number of large investors have recently added to or reduced their stakes in DLHC. Minerva Advisors LLC lifted its position in shares of DLH by 16.7% during the 3rd quarter. Minerva Advisors LLC now owns 505,581 shares of the business services provider’s stock valued at $5,723,000 after acquiring an additional 72,173 shares during the last quarter. Cove Street Capital LLC boosted its position in shares of DLH by 14.6% in the 3rd quarter. Cove Street Capital LLC now owns 803,460 shares of the business services provider’s stock valued at $9,376,000 after purchasing an additional 102,275 shares during the period. Essex Investment Management Co. LLC purchased a new position in DLH in the 3rd quarter worth about $1,180,000. Legato Capital Management LLC lifted its stake in DLH by 3.2% during the fourth quarter. Legato Capital Management LLC now owns 39,164 shares of the business services provider’s stock valued at $617,000 after buying an additional 1,203 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of DLH by 6.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 33,155 shares of the business services provider’s stock worth $387,000 after buying an additional 1,872 shares during the period. 67.25% of the stock is currently owned by institutional investors.

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).