Minerva Advisors LLC Has $6.81 Million Holdings in DLH Holdings Corp. (NASDAQ:DLHC)

Minerva Advisors LLC lifted its holdings in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 33.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 847,592 shares of the business services provider’s stock after acquiring an additional 211,215 shares during the period. DLH makes up about 4.0% of Minerva Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Minerva Advisors LLC owned 0.06% of DLH worth $6,806,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC lifted its holdings in shares of DLH by 299.3% during the 3rd quarter. Barclays PLC now owns 11,716 shares of the business services provider’s stock worth $109,000 after acquiring an additional 8,782 shares during the period. BNP Paribas Financial Markets lifted its holdings in DLH by 654.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,877 shares of the business services provider’s stock valued at $139,000 after purchasing an additional 12,906 shares during the last quarter. Albert D Mason Inc. lifted its holdings in DLH by 10.7% during the 4th quarter. Albert D Mason Inc. now owns 103,575 shares of the business services provider’s stock valued at $832,000 after purchasing an additional 10,016 shares during the last quarter. Finally, State Street Corp lifted its holdings in DLH by 3.9% during the 3rd quarter. State Street Corp now owns 111,447 shares of the business services provider’s stock valued at $1,043,000 after purchasing an additional 4,165 shares during the last quarter. 67.25% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Kathryn M. Johnbull bought 10,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was bought at an average cost of $7.76 per share, with a total value of $77,600.00. Following the completion of the purchase, the chief financial officer now owns 528,687 shares in the company, valued at approximately $4,102,611.12. The trade was a 1.93 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 15.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of DLH from a “buy” rating to a “hold” rating in a report on Friday, February 7th.

DLH Trading Down 0.4 %

Shares of DLHC stock opened at $5.35 on Tuesday. DLH Holdings Corp. has a 12-month low of $5.35 and a 12-month high of $16.67. The company has a market capitalization of $76.97 million, a P/E ratio of 12.16 and a beta of 1.18. The firm has a 50-day moving average price of $7.26 and a 200 day moving average price of $8.52. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.21.

DLH (NASDAQ:DLHC) last announced its quarterly earnings results on Wednesday, February 5th. The business services provider reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. DLH had a net margin of 1.64% and a return on equity of 5.82%. Research analysts forecast that DLH Holdings Corp. will post -0.13 earnings per share for the current fiscal year.

DLH Company 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).