First Eagle Investment Management LLC Boosts Stake in DHI Group, Inc. (NYSE:DHX)

First Eagle Investment Management LLC increased its position in DHI Group, Inc. (NYSE:DHX) by 72.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 668,928 shares of the technology company’s stock after buying an additional 280,479 shares during the period. First Eagle Investment Management LLC owned 1.38% of DHI Group worth $1,398,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC lifted its position in shares of DHI Group by 756.1% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 1,309,731 shares of the technology company’s stock worth $3,392,000 after buying an additional 1,156,740 shares in the last quarter. Vanguard Group Inc. raised its position in DHI Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,628,613 shares of the technology company’s stock valued at $6,703,000 after purchasing an additional 16,342 shares during the period. Tieton Capital Management LLC raised its position in DHI Group by 25.1% during the second quarter. Tieton Capital Management LLC now owns 2,441,485 shares of the technology company’s stock valued at $5,103,000 after purchasing an additional 490,035 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in DHI Group during the second quarter valued at approximately $41,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in DHI Group during the first quarter valued at approximately $45,000. 69.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DHX shares. StockNews.com downgraded DHI Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 16th. Barrington Research restated an “outperform” rating and set a $7.00 price objective on shares of DHI Group in a research report on Wednesday, August 14th.

DHI Group Trading Up 1.8 %

DHX opened at $1.70 on Friday. The stock has a market cap of $82.18 million, a price-to-earnings ratio of 42.50 and a beta of 1.03. The stock’s 50 day moving average price is $1.86 and its 200-day moving average price is $2.19. DHI Group, Inc. has a one year low of $1.45 and a one year high of $3.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.45 and a current ratio of 0.45.

DHI Group (NYSE:DHX) last released its earnings results on Wednesday, August 7th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. The firm had revenue of $35.83 million for the quarter, compared to analysts’ expectations of $36.10 million. DHI Group had a return on equity of 7.47% and a net margin of 1.77%. During the same quarter in the prior year, the firm posted $0.02 earnings per share. On average, equities analysts forecast that DHI Group, Inc. will post 0.19 EPS for the current year.

About DHI Group

DHI Group, Inc provides data, insights, and employment connections through specialized services for technology professionals and other select online communities in the United States. Its solutions include talent profiles; job postings; employer branding; and other services comprising virtual and live career events, sourcing services, and content and data services that provides tailored content to help professionals manage their careers and provide employers insight into recruiting strategies and trends.