DLH (NASDAQ:DLHC) Upgraded at StockNews.com

DLH (NASDAQ:DLHC) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Thursday.

DLH Stock Performance

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

Insider Buying and Selling at DLH

In related news, CFO Kathryn M. Johnbull purchased 10,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of $7.76 per share, with a total value of $77,600.00. Following the completion of the acquisition, the chief financial officer now owns 528,687 shares of the company’s stock, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 21.60% of the company’s stock.

Institutional Trading of DLH

Several institutional investors have recently made changes to their positions in DLHC. Albert D Mason Inc. grew its position in shares of DLH by 1.5% during the third quarter. Albert D Mason Inc. now owns 93,559 shares of the business services provider’s stock valued at $876,000 after purchasing an additional 1,403 shares in the last quarter. State Street Corp boosted its position in DLH by 3.9% in the 3rd quarter. State Street Corp now owns 111,447 shares of the business services provider’s stock valued at $1,043,000 after buying an additional 4,165 shares during the period. Rhumbline Advisers bought a new stake in shares of DLH in the second quarter valued at about $90,000. Barclays PLC increased its holdings in DLH by 299.3% during the third quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock valued at $109,000 after buying an additional 8,782 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock worth $139,000 after purchasing an additional 12,906 shares during the last quarter. Hedge funds and other institutional investors own 67.25% of the company’s stock.

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).