Minerva Advisors LLC Grows Stake in DLH Holdings Corp. (NASDAQ:DLHC)

Minerva Advisors LLC grew its holdings in shares of DLH Holdings Corp. (NASDAQ:DLHC) by 33.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 847,592 shares of the business services provider’s stock after purchasing an additional 211,215 shares during the quarter. DLH comprises about 4.0% of Minerva Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Minerva Advisors LLC owned approximately 5.89% of DLH worth $6,806,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp raised its holdings in shares of 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 in the last quarter. Barclays PLC raised 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 valued at $109,000 after purchasing an additional 8,782 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of 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 in the last quarter. Finally, Albert D Mason Inc. raised its holdings in shares of 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 in the last quarter. Institutional investors own 67.25% of the company’s stock.

DLH Stock Performance

NASDAQ:DLHC opened at $5.35 on Tuesday. DLH Holdings Corp. has a 1 year low of $5.35 and a 1 year high of $16.67. The firm’s fifty day simple moving average is $7.26 and its 200 day simple moving average is $8.52. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $76.97 million, a PE ratio of 12.16 and a beta of 1.18.

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

Wall Street Analyst Weigh In

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

Insider Activity at DLH

In related news, CFO Kathryn M. Johnbull purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were bought at an average cost of $7.76 per share, for a total transaction of $77,600.00. Following the transaction, the chief financial officer now directly owns 528,687 shares of the company’s stock, valued at approximately $4,102,611.12. This trade represents a 1.93 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 15.30% of the stock is currently owned by company insiders.

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).