Mastech Digital, Inc. (NYSE:MHH) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in Mastech Digital, Inc. (NYSE:MHH) by 86.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,544 shares of the company’s stock after acquiring an additional 3,042 shares during the period. Barclays PLC owned approximately 0.06% of Mastech Digital worth $65,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in shares of Mastech Digital by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock valued at $1,705,000 after acquiring an additional 5,236 shares during the last quarter. Truvestments Capital LLC purchased a new position in Mastech Digital during the third quarter worth about $29,000. Finally, HighTower Advisors LLC raised its stake in Mastech Digital by 19.5% during the third quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock worth $417,000 after purchasing an additional 6,809 shares during the period. 18.43% of the stock is owned by hedge funds and other institutional investors.

Mastech Digital Stock Down 3.7 %

NYSE:MHH opened at $14.27 on Friday. Mastech Digital, Inc. has a 52 week low of $7.15 and a 52 week high of $16.00. The stock’s fifty day moving average is $14.66 and its two-hundred day moving average is $12.74. The company has a market capitalization of $167.04 million, a P/E ratio of -75.11, a P/E/G ratio of 1.38 and a beta of 0.58.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Mastech Digital from a “buy” rating to a “strong-buy” rating in a report on Friday, January 3rd.

Mastech Digital Company 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.