DLH Holdings Corp. (NASDAQ:DLHC) Director William H. Alderman sold 7,150 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $5.70, for a total transaction of $40,755.00. Following the transaction, the director now directly owns 75,000 shares of the company’s stock, valued at approximately $427,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
DLH Holdings Corp. (DLHC) traded down $0.03 during trading hours on Wednesday, hitting $5.67. 26,329 shares of the company were exchanged, compared to its average volume of 13,415. The stock has a market cap of $67.85, a PE ratio of 283.50 and a beta of 0.12. DLH Holdings Corp. has a 1 year low of $4.10 and a 1 year high of $6.83.
DLH (NASDAQ:DLHC) last posted its quarterly earnings data on Tuesday, February 6th. The business services provider reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. The firm had revenue of $30.22 million during the quarter, compared to analysts’ expectations of $29.00 million. DLH had a net margin of 0.09% and a return on equity of 10.06%. analysts forecast that DLH Holdings Corp. will post 0.56 EPS for the current year.
Hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP purchased a new position in DLH in the 3rd quarter valued at approximately $121,000. Renaissance Technologies LLC boosted its position in DLH by 8.9% in the 4th quarter. Renaissance Technologies LLC now owns 161,290 shares of the business services provider’s stock valued at $994,000 after buying an additional 13,200 shares during the period. Finally, Commonwealth Equity Services Inc purchased a new position in DLH in the 3rd quarter valued at approximately $2,342,000. 58.57% of the stock is owned by institutional investors.
A number of equities analysts recently weighed in on DLHC shares. ValuEngine raised shares of DLH from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Zacks Investment Research raised shares of DLH from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a research report on Wednesday, January 17th. Finally, TheStreet cut shares of DLH from a “b-” rating to a “c” rating in a research 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 company’s stock. The company has a consensus rating of “Buy” and an average target price of $7.00.
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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