Mastech Digital, Inc. (NYSE:MHH) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in Mastech Digital, Inc. (NYSE:MHH) by 15.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,753 shares of the company’s stock after purchasing an additional 6,544 shares during the quarter. Geode Capital Management LLC owned approximately 0.41% of Mastech Digital worth $478,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC grew its position in Mastech Digital by 86.9% during the 3rd quarter. Barclays PLC now owns 6,544 shares of the company’s stock worth $65,000 after purchasing an additional 3,042 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of 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 buying an additional 6,809 shares during the period. Truvestments Capital LLC purchased a new position in shares of Mastech Digital during the third quarter worth about $29,000. Finally, Dimensional Fund Advisors LP increased its position in Mastech Digital by 2.4% in 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 period. Hedge funds and other institutional investors own 18.43% of the company’s stock.

Analyst Ratings Changes

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

Mastech Digital Trading Down 4.0 %

Shares of NYSE MHH opened at $13.70 on Monday. The business’s fifty day moving average is $14.64. Mastech Digital, Inc. has a 1-year low of $7.15 and a 1-year high of $16.00. The firm has a market capitalization of $160.37 million, a P/E ratio of -72.11, a PEG ratio of 1.38 and a beta of 0.58.

About Mastech Digital

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.