34,750 Shares in DLH Holdings Corp. (NASDAQ:DLHC) Bought by Squarepoint Ops LLC

Squarepoint Ops LLC bought a new stake in DLH Holdings Corp. (NASDAQ:DLHC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,750 shares of the business services provider’s stock, valued at approximately $367,000. Squarepoint Ops LLC owned 0.24% of DLH at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in DLH by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 507,623 shares of the business services provider’s stock worth $6,736,000 after acquiring an additional 3,627 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of DLH by 24.4% during the second quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock worth $2,469,000 after purchasing an additional 45,915 shares in the last quarter. Essex Investment Management Co. LLC grew its holdings in shares of DLH by 1.4% in the 1st quarter. Essex Investment Management Co. LLC now owns 98,622 shares of the business services provider’s stock valued at $1,309,000 after buying an additional 1,364 shares during the period. Victory Capital Management Inc. bought a new stake in shares of DLH in the 2nd quarter valued at $1,013,000. Finally, Legato Capital Management LLC raised its stake in DLH by 48.0% during the 2nd quarter. Legato Capital Management LLC now owns 57,973 shares of the business services provider’s stock worth $612,000 after buying an additional 18,809 shares during the period. Institutional investors own 67.25% of the company’s stock.

DLH Stock Down 0.8 %

NASDAQ:DLHC opened at $8.69 on Friday. DLH Holdings Corp. has a 1 year low of $8.55 and a 1 year high of $17.58. The stock has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $10.89. The stock has a market cap of $123.68 million, a price-to-earnings ratio of 41.38 and a beta of 1.14. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.32.

DLH (NASDAQ:DLHC) last posted its earnings results on Wednesday, July 31st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). DLH had a return on equity of 7.03% and a net margin of 0.62%. The business had revenue of $100.69 million for the quarter, compared to the consensus estimate of $103.00 million. During the same period in the previous year, the company posted $0.12 earnings per share. As a group, equities analysts expect that DLH Holdings Corp. will post 0.46 earnings per share for the current year.

DLH Company Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).