Key Points
- Mink Brook Asset Management bought 8,048 shares of DLH on Feb. 19 at $5.50 per share (SEC filing), increasing its stake to 1,983,195 shares valued at about $10.9 million — a 0.41% increase.
- The firm has been steadily accumulating DLHC via multiple purchases at $5.50 across Dec–Feb (including 44,208 shares on Dec. 17 and 22,057 shares on Feb. 18), indicating continued insider buying interest.
- DLH trades around $5.81 with a market cap of ~$84.2M; the company reported Q results with EPS of ($0.09) (miss) and slightly below‑forecast revenue, negative margins/ROE, and carries a consensus analyst rating of Sell.
DLH Holdings Corp. (NASDAQ:DLHC - Get Free Report) major shareholder Mink Brook Asset Management Ll acquired 8,048 shares of the firm's stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $5.50 per share, for a total transaction of $44,264.00. Following the completion of the acquisition, the insider directly owned 1,983,195 shares of the company's stock, valued at approximately $10,907,572.50. This represents a 0.41% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% 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 bought 22,057 shares of DLH stock. The shares were bought at an average price of $5.50 per share, with a total value of $121,313.50.
- On Tuesday, February 17th, Mink Brook Asset Management Ll acquired 2,642 shares of DLH stock. The shares were bought at an average price of $5.50 per share, with a total value of $14,531.00.
- On Friday, February 13th, Mink Brook Asset Management Ll acquired 319 shares of DLH stock. The shares were bought at an average cost of $5.50 per share, with a total value of $1,754.50.
- On Thursday, February 12th, Mink Brook Asset Management Ll bought 13,577 shares of DLH stock. The stock was purchased at an average price of $5.50 per share, for a total transaction of $74,673.50.
- On Thursday, January 8th, Mink Brook Asset Management Ll bought 1,458 shares of DLH stock. The stock was purchased at an average cost of $5.50 per share, for a total transaction of $8,019.00.
- On Wednesday, January 7th, Mink Brook Asset Management Ll purchased 3,569 shares of DLH stock. The shares were purchased 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 acquired 78 shares of DLH stock. The shares were purchased at an average cost of $5.50 per share, for a total transaction of $429.00.
- On Wednesday, December 17th, Mink Brook Asset Management Ll acquired 44,208 shares of DLH stock. The shares were purchased at an average cost of $5.50 per share, for a total transaction of $243,144.00.
- On Thursday, December 11th, Mink Brook Asset Management Ll bought 924 shares of DLH stock. The stock was purchased at an average price of $5.50 per share, with a total value of $5,082.00.
DLH Price Performance
Shares of DLHC traded up $0.24 on Friday, hitting $5.81. The company's stock had a trading volume of 5,731 shares, compared to its average volume of 13,536. The company has a market capitalization of $84.20 million, a PE ratio of -82.99 and a beta of 1.60. DLH Holdings Corp. has a fifty-two week low of $2.72 and a fifty-two week high of $8.10. The company has a 50 day moving average price of $5.71 and a 200 day moving average price of $5.74. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.97 and a quick ratio of 0.97.
DLH (NASDAQ:DLHC - Get Free Report) last released its quarterly earnings results on Monday, February 9th. The business services provider reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). The business 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%. On average, research analysts anticipate that DLH Holdings Corp. will post -0.13 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of DLHC. Sandia Investment Management LP acquired a new stake in shares of DLH during the 4th quarter worth approximately $197,000. Rothschild Wealth LLC bought a new position in DLH in the fourth quarter valued at approximately $928,000. Mink Brook Asset Management LLC grew its holdings in DLH by 2.3% during the 4th quarter. Mink Brook Asset Management LLC now owns 2,625,847 shares of the business services provider's stock worth $14,836,000 after acquiring an additional 59,498 shares during the period. State Street Corp raised its position in shares of DLH by 28.7% during the 4th quarter. State Street Corp now owns 59,609 shares of the business services provider's stock valued at $337,000 after acquiring an additional 13,300 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of DLH in the 4th quarter valued at $58,000. Institutional investors own 67.25% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on DLHC. Zacks Research cut shares of DLH from a "hold" rating to a "strong sell" rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a "sell (d)" rating on shares of DLH in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of "Sell".
Get Our Latest Analysis on DLH
DLH Company Profile
(
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.
Further Reading
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