DHI Group (NYSE:DHX) Lowered to Hold at ValuEngine

ValuEngine cut shares of DHI Group (NYSE:DHX) from a buy rating to a hold rating in a report published on Thursday, ValuEngine reports.

Separately, Zacks Investment Research cut shares of DHI Group from a buy rating to a hold rating in a report on Monday, July 1st.

Shares of DHX traded down $0.25 on Thursday, hitting $3.47. 482,714 shares of the stock traded hands, compared to its average volume of 356,460. The stock has a market cap of $204.73 million, a P/E ratio of 17.71, a PEG ratio of 0.73 and a beta of 1.59. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a 50 day simple moving average of $3.81. DHI Group has a one year low of $1.34 and a one year high of $4.44.

DHI Group (NYSE:DHX) last announced its quarterly earnings results on Thursday, May 2nd. The technology company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.03). The firm had revenue of $37.12 million for the quarter, compared to the consensus estimate of $37.14 million. DHI Group had a net margin of 5.63% and a return on equity of 7.14%. On average, equities research analysts forecast that DHI Group will post 0.25 earnings per share for the current year.

In related news, Director Golnar Sheikholeslami sold 39,200 shares of the firm’s stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $3.94, for a total value of $154,448.00. Following the sale, the director now owns 134,750 shares in the company, valued at $530,915. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.10% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Comprehensive Portfolio Management LLC purchased a new stake in DHI Group in the second quarter worth approximately $52,000. Group One Trading L.P. purchased a new stake in DHI Group in the first quarter worth approximately $55,000. KBC Group NV boosted its holdings in DHI Group by 38.3% in the second quarter. KBC Group NV now owns 32,499 shares of the technology company’s stock worth $116,000 after purchasing an additional 9,001 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in DHI Group by 212.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 62,254 shares of the technology company’s stock worth $151,000 after purchasing an additional 42,303 shares during the last quarter. Finally, CIBC Private Wealth Group LLC purchased a new stake in DHI Group in the second quarter worth approximately $262,000. Institutional investors own 62.06% of the company’s stock.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals in the United States and internationally. The company operates Dice that offers job postings of technology and non-technology companies for industries, such as positions for software engineers, big data professionals, systems administrators, database specialists, project managers, and other technology and engineering professionals; and ClearanceJobs, an Internet-based career network, which matches security-cleared professionals with hiring companies searching for employees.

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