Barclays PLC Purchases 3,042 Shares of Mastech Digital, Inc. (NYSE:MHH)

Barclays PLC boosted its holdings in shares of Mastech Digital, Inc. (NYSE:MHH) by 86.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,544 shares of the company’s stock after acquiring an additional 3,042 shares during the period. Barclays PLC owned about 0.06% of Mastech Digital worth $65,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in MHH. Truvestments Capital LLC purchased a new stake in shares of Mastech Digital in the 3rd quarter worth approximately $29,000. Dimensional Fund Advisors LP lifted its holdings in Mastech Digital by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 227,350 shares of the company’s stock worth $1,705,000 after buying an additional 5,236 shares during the period. Finally, HighTower Advisors LLC boosted its position in Mastech Digital by 19.5% during the 3rd quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock valued at $417,000 after acquiring an additional 6,809 shares in the last quarter. Hedge funds and other institutional investors own 18.43% of the company’s stock.

Wall Street Analyst Weigh In

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 Stock Performance

MHH stock opened at $14.27 on Friday. Mastech Digital, Inc. has a one year low of $7.15 and a one year high of $16.00. The firm has a market cap of $167.04 million, a price-to-earnings ratio of -75.11, a PEG ratio of 1.38 and a beta of 0.58. The firm has a 50-day simple moving average of $14.66 and a two-hundred day simple moving average of $12.74.

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.