ValuEngine upgraded shares of DLH (NASDAQ:DLHC) from a sell rating to a hold rating in a research note issued to investors on Wednesday.

Other analysts have also issued reports about the company. Noble Financial reaffirmed a buy rating and issued a $8.25 price objective on shares of DLH in a research note on Tuesday, August 28th. Zacks Investment Research raised DLH from a sell rating to a buy rating and set a $6.50 price objective on the stock in a research note on Tuesday, October 9th.

Shares of DLHC traded down $0.07 during trading hours on Wednesday, hitting $5.24. 17,298 shares of the company were exchanged, compared to its average volume of 13,379. The firm has a market cap of $63.19 million, a P/E ratio of 19.41 and a beta of 0.11. DLH has a fifty-two week low of $5.00 and a fifty-two week high of $6.70.

DLH (NASDAQ:DLHC) last released its quarterly earnings data on Monday, August 6th. The business services provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $36.13 million for the quarter, compared to analyst estimates of $32.00 million. DLH had a return on equity of 12.54% and a net margin of 0.85%. As a group, equities analysts anticipate that DLH will post 0.46 EPS for the current year.

In related news, insider Kevin Wilson sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $5.00, for a total value of $150,000.00. Following the sale, the insider now directly owns 305,006 shares of the company’s stock, valued at $1,525,030. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 25.90% of the company’s stock.

A hedge fund recently raised its stake in DLH stock. Dimensional Fund Advisors LP boosted its holdings in DLH Holdings Corp (NASDAQ:DLHC) by 38.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,093 shares of the business services provider’s stock after buying an additional 11,459 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.35% of DLH worth $240,000 at the end of the most recent reporting period. 57.48% of the stock is owned by institutional investors and hedge funds.

About DLH

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans' health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.

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