Barclays PLC Has $109,000 Stock Holdings in DLH Holdings Corp. (NASDAQ:DLHC)

Barclays PLC grew its stake in DLH Holdings Corp. (NASDAQ:DLHC) by 299.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,716 shares of the business services provider’s stock after purchasing an additional 8,782 shares during the quarter. Barclays PLC owned about 0.08% of DLH worth $109,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DLHC. Minerva Advisors LLC lifted its stake in shares of DLH by 24.2% in the 3rd quarter. Minerva Advisors LLC now owns 636,377 shares of the business services provider’s stock valued at $5,950,000 after purchasing an additional 123,796 shares during the period. Victory Capital Management Inc. acquired a new position in shares of DLH in the 2nd quarter valued at $1,013,000. Dimensional Fund Advisors LP lifted its stake in shares of DLH by 24.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 233,800 shares of the business services provider’s stock valued at $2,469,000 after purchasing an additional 45,915 shares during the period. Squarepoint Ops LLC acquired a new position in shares of DLH in the 2nd quarter valued at $367,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of DLH by 160.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock valued at $393,000 after purchasing an additional 22,928 shares during the period. Institutional investors and hedge funds own 67.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised DLH from a “hold” rating to a “buy” rating in a research note on Thursday.

DLH Stock Performance

Shares of DLH stock opened at $7.86 on Thursday. The company has a market capitalization of $113.07 million, a PE ratio of 15.41 and a beta of 1.18. DLH Holdings Corp. has a 12 month low of $7.34 and a 12 month high of $17.58. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.25. The stock’s fifty day simple moving average is $8.19 and its 200 day simple moving average is $9.42.

Insider Buying and Selling

In other news, CFO Kathryn M. Johnbull bought 10,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of $7.76 per share, for a total transaction of $77,600.00. Following the acquisition, the chief financial officer now owns 528,687 shares in the company, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 21.60% of the stock is currently owned by company insiders.

DLH 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).