DHI Group (DHX) Stock Rating Lowered by Zacks Investment Research

DHI Group (NYSE:DHX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday, December 20th.

According to Zacks, “DHI Group, Inc. offer specialized websites which focused on select professional communities. The Company’s operating segment consists of Tech & Clearance, Finance, Energy, Healthcare, Hospitality and Corporate & Other. Tech & Clearance segment consists of the Dice.com, ClearanceJobs.com and The IT Job Board services as well as related career fairs. Finance segment represents the eFinancialCareers service. Energy reporting segment provides the Rigzone service and related career fairs. Healthcare segment includes HEALTHeCAREERS, Health Callings and BioSpace. Hospitality segment includes Hcareers and the Corporate. Other reporting segment consists of Slashdot Media, WorkDigital and corporate-related costs. DHI Group, Inc., formerly known as Dice Holdings, Inc., is headquartered in New York. “

A number of other equities analysts also recently commented on the stock. B. Riley restated a “hold” rating and issued a $3.00 target price on shares of DHI Group in a research note on Friday, October 27th. ValuEngine downgraded shares of DHI Group from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. DHI Group has a consensus rating of “Hold” and a consensus price target of $6.25.

DHI Group (NYSE:DHX) opened at $1.75 on Wednesday. The company has a market cap of $87.93, a PE ratio of 8.75 and a beta of 0.91. DHI Group has a fifty-two week low of $1.60 and a fifty-two week high of $6.30. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.58.

Institutional investors and hedge funds have recently made changes to their positions in the company. Texas Permanent School Fund lifted its position in shares of DHI Group by 2.8% in the 2nd quarter. Texas Permanent School Fund now owns 36,933 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,006 shares during the period. Alliancebernstein L.P. lifted its position in shares of DHI Group by 148.1% in the 2nd quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after purchasing an additional 22,860 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of DHI Group in the 2nd quarter worth approximately $112,000. Citadel Advisors LLC purchased a new stake in shares of DHI Group in the 2nd quarter worth approximately $117,000. Finally, Brandes Investment Partners LP purchased a new stake in shares of DHI Group in the 3rd quarter worth approximately $125,000. 81.38% of the stock is owned by hedge funds and other institutional investors.

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About DHI Group

DHI Group, Inc provides data, insights and employment connections through specialized services for professional communities, including technology and security clearance, financial services, energy, healthcare and hospitality. The Company’s segments are Tech & Clearance, which includes Dice, Dice Europe and ClearanceJobs; Global Industry Group, which includes eFinancialCareers, Rigzone, Hcareers and BioSpace; Healthcare, which includes Health eCareers, and Corporate & Other, which includes Slashdot Media and Brightmatter.

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