DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) major shareholder Mink Brook Asset Management Ll bought 2,642 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was bought at an average cost of $5.50 per share, with a total value of $14,531.00. Following the completion of the acquisition, the insider owned 1,953,090 shares of the company's stock, valued at $10,741,995. This represents a 0.14% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Mink Brook Asset Management Ll also recently made the following trade(s):
- On Wednesday, February 18th, Mink Brook Asset Management Ll acquired 22,057 shares of DLH stock. The stock was purchased at an average cost of $5.50 per share, with a total value of $121,313.50.
- On Friday, February 13th, Mink Brook Asset Management Ll bought 319 shares of DLH stock. The shares were purchased at an average price of $5.50 per share, for a total transaction of $1,754.50.
- On Thursday, February 12th, Mink Brook Asset Management Ll purchased 13,577 shares of DLH stock. The stock was purchased at an average price of $5.50 per share, with a total value of $74,673.50.
- On Thursday, January 8th, Mink Brook Asset Management Ll acquired 1,458 shares of DLH stock. The stock was acquired at an average price of $5.50 per share, for a total transaction of $8,019.00.
- On Wednesday, January 7th, Mink Brook Asset Management Ll acquired 3,569 shares of DLH stock. The shares were acquired at an average cost of $5.50 per share, with a total value of $19,629.50.
- On Thursday, December 18th, Mink Brook Asset Management Ll purchased 78 shares of DLH stock. The shares were bought at an average cost of $5.50 per share, with a total value of $429.00.
- On Wednesday, December 17th, Mink Brook Asset Management Ll bought 44,208 shares of DLH stock. The stock was purchased at an average cost of $5.50 per share, with a total value of $243,144.00.
- On Thursday, December 11th, Mink Brook Asset Management Ll acquired 924 shares of DLH stock. The stock was purchased at an average cost of $5.50 per share, with a total value of $5,082.00.
DLH Price Performance
DLHC stock opened at $5.49 on Thursday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $79.55 million, a price-to-earnings ratio of -78.42 and a beta of 1.60. The stock's fifty day simple moving average is $5.71 and its 200-day simple moving average is $5.74. DLH Holdings Corp. has a 52-week low of $2.72 and a 52-week high of $8.10.
DLH (NASDAQ:DLHC - Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The business services provider reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). The company had revenue of $68.89 million for the quarter, compared to analyst estimates of $70.15 million. DLH had a negative net margin of 0.33% and a negative return on equity of 0.95%. Equities research analysts expect that DLH Holdings Corp. will post -0.13 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mink Brook Asset Management LLC boosted its stake in shares of DLH by 64.5% during the 2nd quarter. Mink Brook Asset Management LLC now owns 2,366,765 shares of the business services provider's stock valued at $13,822,000 after buying an additional 928,258 shares during the last quarter. RBF Capital LLC bought a new position in DLH during the 2nd quarter valued at $1,314,000. Minerva Advisors LLC grew its holdings in DLH by 9.1% during the 2nd quarter. Minerva Advisors LLC now owns 1,110,743 shares of the business services provider's stock worth $6,442,000 after acquiring an additional 92,346 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of DLH in the 2nd quarter worth about $239,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of DLH in the 2nd quarter valued at about $89,000. Hedge funds and other institutional investors own 67.25% of the company's stock.
Analyst Ratings Changes
Several research firms have recently issued reports on DLHC. Weiss Ratings reissued a "sell (d)" rating on shares of DLH in a research report on Wednesday, January 21st. Zacks Research cut DLH from a "hold" rating to a "strong sell" rating in a research note on Wednesday, December 17th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".
Get Our Latest Stock Report on DLHC
About DLH
(
Get Free Report)
DLH Holdings Corp. (NASDAQ: DLHC) is a provider of mission-driven professional services primarily to federal government agencies and select commercial clients. The company designs and delivers tailored solutions across a range of critical mission areas, including program and project management, consulting, technical assistance, and administrative support. Through its Healthcare Solutions offerings, DLH also specializes in supporting clinical and allied health staffing needs for federal health agencies and health systems.
Operating under its Federal Solutions segment, DLH partners with agencies such as the Department of Veterans Affairs, Department of Defense, Department of Homeland Security, and the Department of Health and Human Services.
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