DHI Group Inc. (DHX) Trading 4% Higher
DHI Group Inc. (NYSE:DHX) shares traded up 4% during mid-day trading on Thursday . The company traded as high as $6.62 and last traded at $6.46, with a volume of 152,759 shares trading hands. The stock had previously closed at $6.21.
A number of research analysts recently issued reports on the stock. Zacks Investment Research raised shares of DHI Group from a “sell” rating to a “hold” rating in a research report on Friday, June 24th. Cantor Fitzgerald reissued a “hold” rating on shares of DHI Group in a research report on Saturday, June 4th. Credit Suisse Group AG reissued a “buy” rating on shares of DHI Group in a research report on Saturday, May 14th. Finally, B. Riley reissued a “neutral” rating and set a $8.50 price target on shares of DHI Group in a research report on Saturday, April 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. DHI Group currently has an average rating of “Hold” and a consensus price target of $9.50.
The stock’s market capitalization is $333.93 million. The stock has a 50-day moving average of $6.76 and a 200 day moving average of $7.76.
DHI Group (NYSE:DHX) last announced its earnings results on Wednesday, April 27th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by $0.06. The firm had revenue of $58.30 million for the quarter, compared to analyst estimates of $57.99 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. Equities analysts predict that DHI Group Inc. will post $0.43 EPS for the current fiscal year.
In other news, insider Shravan Goli sold 18,104 shares of the company’s stock in a transaction dated Tuesday, April 26th. The shares were sold at an average price of $7.99, for a total value of $144,650.96. Following the transaction, the insider now directly owns 177,742 shares in the company, valued at $1,420,158.58. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Several hedge funds and institutional investors recently bought and sold shares of DHX. Dimensional Fund Advisors LP boosted its position in DHI Group by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,754,467 shares of the company’s stock worth $25,259,000 after buying an additional 39,615 shares during the last quarter. Russell Frank Co boosted its position in DHI Group by 9.1% in the fourth quarter. Russell Frank Co now owns 425,892 shares of the company’s stock worth $4,012,000 after buying an additional 35,606 shares during the last quarter. Morgan Stanley boosted its position in DHI Group by 310.2% in the fourth quarter. Morgan Stanley now owns 407,014 shares of the company’s stock worth $3,732,000 after buying an additional 307,788 shares during the last quarter. New York State Common Retirement Fund boosted its position in DHI Group by 435.6% in the fourth quarter. New York State Common Retirement Fund now owns 394,783 shares of the company’s stock worth $3,620,000 after buying an additional 321,074 shares during the last quarter. Finally, Oxford Asset Management boosted its position in DHI Group by 171.5% in the fourth quarter. Oxford Asset Management now owns 296,637 shares of the company’s stock worth $2,720,000 after buying an additional 187,366 shares during the last quarter.
DHI Group, Inc formerly Dice Holdings, Inc is a provider of specialized Websites focused on select professional communities. The Company’s segments include Tech & Clearance, Finance, Energy, Healthcare and Hospitality. Its online communities enable professionals to manage their careers by finding relevant job opportunities and by building their knowledge through original and community-shared content.
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