DLH Holdings Corp. (NASDAQ:DLHC) Director William H. Alderman sold 7,150 shares of the company’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $5.70, for a total value of $40,755.00. Following the sale, the director now owns 75,000 shares of the company’s stock, valued at $427,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of DLHC stock traded up $0.50 on Friday, reaching $6.21. 3,034 shares of the company were exchanged, compared to its average volume of 13,068. DLH Holdings Corp. has a one year low of $4.10 and a one year high of $6.83. The stock has a market capitalization of $67.85, a PE ratio of 23.00 and a beta of 0.41.
DLH (NASDAQ:DLHC) last announced its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.01. DLH had a net margin of 0.09% and a return on equity of 10.06%. The business had revenue of $30.22 million for the quarter, compared to analysts’ expectations of $29.00 million. research analysts forecast that DLH Holdings Corp. will post 0.56 EPS for the current year.
Several institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services Inc purchased a new stake in shares of DLH during the 3rd quarter worth approximately $2,342,000. Dimensional Fund Advisors LP purchased a new stake in shares of DLH during the 3rd quarter worth approximately $121,000. Finally, Renaissance Technologies LLC increased its stake in shares of DLH by 8.9% during the 4th quarter. Renaissance Technologies LLC now owns 161,290 shares of the business services provider’s stock worth $994,000 after purchasing an additional 13,200 shares during the last quarter. 55.53% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded DLH from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine upgraded DLH from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Finally, TheStreet downgraded DLH from a “b-” rating to a “c” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $6.75.
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DLH Company Profile
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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