Cubist Systematic Strategies LLC Makes New Investment in DHI Group, Inc. (NYSE:DHX)

Cubist Systematic Strategies LLC bought a new stake in DHI Group, Inc. (NYSE:DHX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 16,957 shares of the technology company’s stock, valued at approximately $35,000.

A number of other institutional investors have also modified their holdings of the stock. Point72 DIFC Ltd acquired a new position in shares of DHI Group during the second quarter worth about $30,000. Sei Investments Co. boosted its holdings in DHI Group by 25.8% in the 2nd quarter. Sei Investments Co. now owns 58,712 shares of the technology company’s stock valued at $123,000 after purchasing an additional 12,049 shares in the last quarter. XTX Topco Ltd acquired a new position in DHI Group during the 2nd quarter worth approximately $52,000. First Eagle Investment Management LLC raised its stake in shares of DHI Group by 72.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 668,928 shares of the technology company’s stock worth $1,398,000 after buying an additional 280,479 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in shares of DHI Group by 59.9% in the 2nd quarter. Hsbc Holdings PLC now owns 79,414 shares of the technology company’s stock valued at $160,000 after buying an additional 29,757 shares during the period. Institutional investors and hedge funds own 69.26% of the company’s stock.

Wall Street Analyst Weigh In

DHX has been the subject of several research analyst reports. Barrington Research reiterated an “outperform” rating and issued a $7.00 price objective on shares of DHI Group in a research report on Wednesday, August 14th. StockNews.com downgraded shares of DHI Group from a “strong-buy” rating to a “buy” rating in a report on Friday, August 16th.

DHI Group Trading Down 1.2 %

Shares of DHI Group stock opened at $1.63 on Wednesday. DHI Group, Inc. has a 1 year low of $1.45 and a 1 year high of $3.04. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.45 and a quick ratio of 0.45. The business has a 50 day moving average price of $1.76 and a 200 day moving average price of $2.11. The company has a market capitalization of $78.79 million, a P/E ratio of 40.75 and a beta of 1.02.

DHI Group (NYSE:DHX) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. DHI Group had a net margin of 1.77% and a return on equity of 7.47%. The business had revenue of $35.83 million during the quarter, compared to the consensus estimate of $36.10 million. During the same period in the previous year, the firm posted $0.02 earnings per share. Sell-side analysts anticipate that DHI Group, Inc. will post 0.19 EPS for the current fiscal year.

DHI Group Profile

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.