DLH Holdings Corp. (NASDAQ:DLHC) major shareholder Wynnefield Partners Small Cap sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $6.00, for a total transaction of $1,200,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Wynnefield Partners Small Cap also recently made the following trade(s):
- On Tuesday, December 12th, Wynnefield Partners Small Cap sold 150,000 shares of DLH stock. The stock was sold at an average price of $6.15, for a total transaction of $922,500.00.
DLH Holdings Corp. (NASDAQ DLHC) opened at $5.89 on Wednesday. DLH Holdings Corp. has a 52-week low of $4.10 and a 52-week high of $6.83. The company has a market cap of $68.68, a P/E ratio of 294.50 and a beta of 0.08.
DLH (NASDAQ:DLHC) last issued its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. DLH had a net margin of 0.09% and a return on equity of 10.06%. The business had revenue of $30.22 million for the quarter, compared to analysts’ expectations of $29.00 million. equities analysts expect that DLH Holdings Corp. will post 0.56 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth Equity Services Inc bought a new position in DLH during the third quarter valued at approximately $2,342,000. Renaissance Technologies LLC grew its position in DLH by 8.9% during the fourth quarter. Renaissance Technologies LLC now owns 161,290 shares of the business services provider’s stock valued at $994,000 after acquiring an additional 13,200 shares during the last quarter. Essex Investment Management Co. LLC grew its position in DLH by 149.2% during the third quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock valued at $466,000 after acquiring an additional 43,043 shares during the last quarter. Finally, Dimensional Fund Advisors LP bought a new position in DLH during the third quarter valued at approximately $121,000. Institutional investors and hedge funds own 57.23% of the company’s stock.
DLHC has been the topic of a number of recent research reports. TheStreet upgraded shares of DLH from a “c” rating to a “b-” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of DLH from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research report on Friday, December 8th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $7.17.
DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veterans health solutions, including case management, physical and behavioral health examinations, and medical administration and logistics services. The company also provides a range of human services and solutions, which consists of educational and environmental support services for the underserved children and youth comprising health, nutritional, parental, and behavioral services; and IT system architecture design, migration plan, and ongoing maintenance services.
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