DLH Holdings Corp. (NASDAQ:DLHC – Get Free Report) major shareholder Mink Brook Asset Management Ll bought 4,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average price of $4.87 per share, for a total transaction of $19,480.00. Following the completion of the acquisition, the insider owned 2,171,165 shares of the company’s stock, valued at $10,573,573.55. The trade was a 0.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock 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, August 5th, Mink Brook Asset Management Ll acquired 1,049 shares of DLH stock. The stock was purchased at an average cost of $4.84 per share, with a total value of $5,077.16.
- On Friday, July 31st, Mink Brook Asset Management Ll acquired 441 shares of DLH stock. The shares were purchased at an average price of $4.86 per share, for a total transaction of $2,143.26.
- On Thursday, July 30th, Mink Brook Asset Management Ll bought 7,944 shares of DLH stock. The stock was purchased at an average cost of $4.96 per share, for a total transaction of $39,402.24.
- On Monday, July 27th, Mink Brook Asset Management Ll bought 10 shares of DLH stock. The stock was purchased at an average price of $5.09 per share, with a total value of $50.90.
- On Friday, July 24th, Mink Brook Asset Management Ll purchased 391 shares of DLH stock. The shares were acquired at an average cost of $5.10 per share, for a total transaction of $1,994.10.
- On Thursday, July 23rd, Mink Brook Asset Management Ll acquired 79 shares of DLH stock. The stock was acquired at an average cost of $5.10 per share, with a total value of $402.90.
- On Monday, July 13th, Mink Brook Asset Management Ll bought 4,407 shares of DLH stock. The shares were acquired at an average cost of $5.09 per share, for a total transaction of $22,431.63.
- On Thursday, July 9th, Mink Brook Asset Management Ll purchased 5,000 shares of DLH stock. The stock was acquired at an average price of $5.13 per share, for a total transaction of $25,650.00.
- On Wednesday, July 8th, Mink Brook Asset Management Ll purchased 2,275 shares of DLH stock. The shares were acquired at an average cost of $5.14 per share, with a total value of $11,693.50.
- On Tuesday, July 7th, Mink Brook Asset Management Ll acquired 5,000 shares of DLH stock. The stock was bought at an average price of $5.17 per share, for a total transaction of $25,850.00.
DLH Stock Performance
NASDAQ DLHC opened at $4.84 on Thursday. The stock has a market cap of $70.15 million, a PE ratio of -3.27 and a beta of 1.47. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a 50-day moving average of $5.34 and a 200-day moving average of $5.63. DLH Holdings Corp. has a 52-week low of $4.71 and a 52-week high of $8.10.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on DLHC. Zacks Research raised shares of DLH from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of DLH in a research note on Friday, July 17th. Finally, Noble Financial reissued an “outperform” rating on shares of DLH in a report on Friday, July 31st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, DLH currently has an average rating of “Hold”.
Check Out Our Latest Research Report on DLH
Institutional Trading of DLH
A number of institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in DLH by 31.9% in the fourth quarter. Bank of America Corp DE now owns 7,679 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 1,855 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of DLH by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 494,618 shares of the business services provider’s stock valued at $2,795,000 after purchasing an additional 5,735 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of DLH in the 4th quarter valued at approximately $58,000. Qube Research & Technologies Ltd bought a new stake in shares of DLH during the 2nd quarter valued at approximately $73,000. Finally, State Street Corp grew its holdings 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 purchasing an additional 13,300 shares during the last quarter. 67.25% of the stock is currently owned by institutional investors.
About DLH
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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