DLH Holdings Corp (NASDAQ:DLHC) major shareholder Wynnefield Partners Small Cap purchased 3,306 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were purchased at an average cost of $4.25 per share, with a total value of $14,050.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Wynnefield Partners Small Cap also recently made the following trade(s):
- On Saturday, August 10th, Wynnefield Partners Small Cap purchased 10,000 shares of DLH stock. The shares were purchased at an average cost of $4.25 per share, with a total value of $42,500.00.
NASDAQ:DLHC opened at $4.31 on Thursday. The stock has a 50-day moving average of $5.08. DLH Holdings Corp has a 12 month low of $4.00 and a 12 month high of $6.78. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market cap of $52.96 million, a PE ratio of 10.78 and a beta of 0.95.
DLH (NASDAQ:DLHC) last posted its earnings results on Monday, August 5th. The business services provider reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. DLH had a net margin of 3.98% and a return on equity of 15.30%. The firm had revenue of $38.70 million during the quarter, compared to analysts’ expectations of $35.80 million. On average, equities research analysts expect that DLH Holdings Corp will post 0.42 earnings per share for the current fiscal year.
DLHC has been the subject of several research analyst reports. Zacks Investment Research raised shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. ValuEngine cut shares of DLH from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd.
Several large investors have recently bought and sold shares of the company. James Investment Research Inc. increased its stake in shares of DLH by 25.6% in the 2nd quarter. James Investment Research Inc. now owns 9,800 shares of the business services provider’s stock worth $50,000 after acquiring an additional 2,000 shares in the last quarter. Marshall Wace LLP bought a new position in shares of DLH in the 1st quarter worth about $59,000. Acadian Asset Management LLC increased its stake in shares of DLH by 90.3% in the 2nd quarter. Acadian Asset Management LLC now owns 30,939 shares of the business services provider’s stock worth $158,000 after acquiring an additional 14,678 shares in the last quarter. BlackRock Inc. increased its stake in shares of DLH by 94.6% in the 2nd quarter. BlackRock Inc. now owns 51,987 shares of the business services provider’s stock worth $264,000 after acquiring an additional 25,275 shares in the last quarter. Finally, Hillsdale Investment Management Inc. increased its stake in shares of DLH by 31.4% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 120,600 shares of the business services provider’s stock worth $613,000 after acquiring an additional 28,800 shares in the last quarter. 58.44% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading: Understanding Market Liquidity
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