Albert D Mason Inc. Boosts Stake in DLH Holdings Corp. (NASDAQ:DLHC)

Albert D Mason Inc. lifted its holdings in DLH Holdings Corp. (NASDAQ:DLHC) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,559 shares of the business services provider’s stock after purchasing an additional 1,403 shares during the quarter. Albert D Mason Inc. owned 0.66% of DLH worth $876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DLHC. Rhumbline Advisers bought a new stake in shares of DLH in the second quarter worth $90,000. Hillsdale Investment Management Inc. bought a new stake in shares of DLH in the first quarter worth $169,000. Quadrature Capital Ltd bought a new stake in shares of DLH in the first quarter worth $328,000. Squarepoint Ops LLC bought a new stake in shares of DLH in the second quarter worth $367,000. Finally, Bank of New York Mellon Corp grew its holdings in DLH by 160.2% during the second quarter. Bank of New York Mellon Corp now owns 37,238 shares of the business services provider’s stock valued at $393,000 after purchasing an additional 22,928 shares during the period. Institutional investors own 67.25% of the company’s stock.

DLH Stock Performance

NASDAQ:DLHC opened at $8.40 on Wednesday. The stock has a 50-day simple moving average of $9.80 and a two-hundred day simple moving average of $10.59. DLH Holdings Corp. has a 52-week low of $8.27 and a 52-week high of $17.58. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $119.56 million, a PE ratio of 40.00 and a beta of 1.14.

DLH (NASDAQ:DLHC) last posted its earnings results on Wednesday, July 31st. The business services provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). DLH had a return on equity of 7.03% and a net margin of 0.62%. The firm had revenue of $100.69 million during the quarter, compared to analysts’ expectations of $103.00 million. During the same quarter in the prior year, the firm posted $0.12 earnings per share. Analysts forecast that DLH Holdings Corp. will post 0.46 EPS for the current year.

DLH Profile

DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States. It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), the Defense Health Agency, Tele-medicine and Advanced Technology Research Center, and US Navy Naval Information Warfare Center (NIWC).