DLH Holdings Corp. (DLHC) Director William H. Alderman Sells 7,150 Shares of Stock

DLH Holdings Corp. (NASDAQ:DLHC) Director William H. Alderman sold 7,150 shares of DLH stock in a transaction on Monday, March 12th. The stock was sold at an average price of $5.70, for a total transaction of $40,755.00. Following the completion of the transaction, the director now directly owns 75,000 shares in the company, valued at $427,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

DLH Holdings Corp. (DLHC) traded up $0.02 during midday trading on Thursday, reaching $5.69. 2,354 shares of the company’s stock traded hands, compared to its average volume of 11,193. DLH Holdings Corp. has a fifty-two week low of $4.10 and a fifty-two week high of $6.83. The stock has a market capitalization of $67.85, a price-to-earnings ratio of 20.39 and a beta of 0.20.

DLH (NASDAQ:DLHC) last released its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 analyst estimates of $29.00 million. equities research analysts anticipate that DLH Holdings Corp. will post 0.56 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP purchased a new position in DLH in the third quarter worth $121,000. Renaissance Technologies LLC lifted its stake in shares of DLH by 8.9% during the fourth quarter. Renaissance Technologies LLC now owns 161,290 shares of the business services provider’s stock worth $994,000 after buying an additional 13,200 shares during the period. Finally, Commonwealth Equity Services Inc acquired a new stake in shares of DLH during the third quarter worth $2,342,000. 58.57% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have issued reports on DLHC. ValuEngine raised shares of DLH from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Zacks Investment Research raised shares of DLH from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a report on Friday, December 8th. Finally, TheStreet lowered shares of DLH from a “b-” rating to a “c” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $7.00.

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About DLH

DLH Holdings Corp. provides healthcare and social services in the United States. It offers defense and veteransÂ’ 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.

Insider Buying and Selling by Quarter for DLH (NASDAQ:DLHC)

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