DLH (NASDAQ:DLHC) Lifted to “Strong-Buy” at StockNews.com

StockNews.com upgraded shares of DLH (NASDAQ:DLHC) from a buy rating to a strong-buy rating in a report published on Thursday.

DLH Price Performance

DLHC stock opened at $11.27 on Thursday. DLH has a 12 month low of $9.01 and a 12 month high of $17.58. 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 company has a 50-day moving average price of $14.12 and a 200 day moving average price of $14.53. The stock has a market cap of $160.38 million, a PE ratio of 75.13 and a beta of 1.20.

DLH (NASDAQ:DLHC) last announced its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.03. DLH had a net margin of 0.51% and a return on equity of 6.78%. The company had revenue of $97.85 million during the quarter, compared to analyst estimates of $101.00 million. Equities research analysts anticipate that DLH will post 0.55 earnings per share for the current year.

Insider Activity at DLH

In other news, insider Jeanine M. Christian sold 3,826 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $16.99, for a total value of $65,003.74. Following the completion of the sale, the insider now owns 21,125 shares in the company, valued at approximately $358,913.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 21.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On DLH

Several large investors have recently modified their holdings of DLHC. Citigroup Inc. bought a new stake in shares of DLH in the 1st quarter valued at about $28,000. UBS Group AG bought a new stake in shares of DLH in the 2nd quarter valued at about $33,000. Trexquant Investment LP bought a new position in shares of DLH during the 3rd quarter worth approximately $123,000. Barclays PLC raised its stake in shares of DLH by 334.5% during the 4th quarter. Barclays PLC now owns 8,881 shares of the business services provider’s stock worth $140,000 after acquiring an additional 6,837 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of DLH during the 3rd quarter worth approximately $163,000. 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).