DHI Group (DHX) Downgraded 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 report issued on Wednesday.

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 DHX. ValuEngine downgraded shares of DHI Group from a “buy” rating to a “hold” rating in a report on Friday, September 1st. B. Riley reiterated a “hold” rating and issued a $3.00 target price on shares of DHI Group in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.25.

Shares of DHI Group (NYSE:DHX) traded down $0.10 during trading on Wednesday, reaching $1.70. 302,987 shares of the company’s stock were exchanged, compared to its average volume of 300,754. The company has a market capitalization of $90.44, a P/E ratio of 6.92 and a beta of 0.90. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.60 and a quick ratio of 0.60. DHI Group has a fifty-two week low of $1.70 and a fifty-two week high of $6.80.

Hedge funds have recently modified their holdings of the company. Metropolitan Life Insurance Co. NY grew its stake in shares of DHI Group by 14.6% during the first quarter. Metropolitan Life Insurance Co. NY now owns 33,113 shares of the technology company’s stock worth $131,000 after acquiring an additional 4,225 shares during the last quarter. Texas Permanent School Fund grew its stake in shares of DHI Group by 2.8% during the second quarter. Texas Permanent School Fund now owns 36,933 shares of the technology company’s stock worth $105,000 after acquiring an additional 1,006 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of DHI Group by 148.1% during the second quarter. Alliancebernstein L.P. now owns 38,300 shares of the technology company’s stock worth $109,000 after acquiring an additional 22,860 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of DHI Group during the second quarter worth about $112,000. Finally, Denver Investment Advisors LLC grew its stake in shares of DHI Group by 71.3% during the second quarter. Denver Investment Advisors LLC now owns 39,500 shares of the technology company’s stock worth $113,000 after acquiring an additional 16,441 shares during the last quarter. Institutional investors and hedge funds own 81.45% of the company’s stock.

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DHI Group Company Profile

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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