HighTower Advisors LLC Boosts Holdings in Mastech Digital, Inc. (NYSE:MHH)

HighTower Advisors LLC raised its holdings in shares of Mastech Digital, Inc. (NYSE:MHH) by 19.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,815 shares of the company’s stock after buying an additional 6,809 shares during the period. HighTower Advisors LLC owned about 0.36% of Mastech Digital worth $417,000 at the end of the most recent quarter.

Separately, Dimensional Fund Advisors LP raised its stake in shares of Mastech Digital by 2.4% in the second quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock worth $1,705,000 after buying an additional 5,236 shares during the period. Hedge funds and other institutional investors own 18.43% of the company’s stock.

Mastech Digital Price Performance

NYSE:MHH opened at $14.70 on Friday. The company has a market cap of $172.08 million, a price-to-earnings ratio of -77.37, a PEG ratio of 1.42 and a beta of 0.59. Mastech Digital, Inc. has a 1 year low of $7.15 and a 1 year high of $16.00. The stock’s 50 day simple moving average is $14.60 and its two-hundred day simple moving average is $11.81.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Mastech Digital from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.

Mastech Digital Profile

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.