Essex Investment Management Co. LLC Makes New Investment in DLH Holdings Corp. (NASDAQ:DLHC)

Essex Investment Management Co. LLC acquired a new position in DLH Holdings Corp. (NASDAQ:DLHCFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 101,125 shares of the business services provider’s stock, valued at approximately $1,180,000. Essex Investment Management Co. LLC owned about 0.73% of DLH at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Cove Street Capital LLC lifted its holdings in DLH by 36.0% during the second quarter. Cove Street Capital LLC now owns 701,185 shares of the business services provider’s stock valued at $7,187,000 after purchasing an additional 185,754 shares in the last quarter. Wasatch Advisors LP purchased a new position in DLH during the first quarter valued at approximately $5,768,000. Vanguard Group Inc. lifted its holdings in DLH by 29.6% during the first quarter. Vanguard Group Inc. now owns 403,304 shares of the business services provider’s stock valued at $7,639,000 after purchasing an additional 92,020 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in DLH by 3.4% during the first quarter. Renaissance Technologies LLC now owns 309,668 shares of the business services provider’s stock valued at $3,552,000 after purchasing an additional 10,300 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in DLH by 7.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 273,578 shares of the business services provider’s stock valued at $3,247,000 after purchasing an additional 20,008 shares in the last quarter. Hedge funds and other institutional investors own 61.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of DLH from a “buy” rating to a “strong-buy” rating in a report on Friday, February 2nd.

View Our Latest Report on DLHC

DLH Trading Up 3.3 %

DLH stock opened at $17.05 on Monday. The stock has a market cap of $242.62 million, a P/E ratio of 113.67 and a beta of 1.28. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.01 and a quick ratio of 1.01. DLH Holdings Corp. has a 1 year low of $9.01 and a 1 year high of $17.29. The firm’s 50 day moving average price is $15.40 and its 200-day moving average price is $13.50.

DLH (NASDAQ:DLHCGet Free Report) last released its quarterly earnings data on Thursday, December 7th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $101.48 million for the quarter, compared to analysts’ expectations of $103.00 million. DLH had a net margin of 0.51% and a return on equity of 6.78%. During the same quarter last year, the business posted $0.24 earnings per share. On average, equities analysts predict that DLH Holdings Corp. will post 0.55 earnings per share for the current fiscal year.

DLH Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for DLH (NASDAQ:DLHC)

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