Shares of DLH Holdings Corp. (NASDAQ:DLHC) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus price target of $6.75 for the company and are predicting that the company will post $0.09 earnings per share for the current quarter, according to Zacks. Zacks has also given DLH Holdings Corp. an industry rank of 39 out of 265 based on the ratings given to related companies.

Several analysts have recently commented on the company. Zacks Investment Research lowered DLH Holdings Corp. from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Noble Financial reiterated a “buy” rating on shares of DLH Holdings Corp. in a report on Wednesday, August 9th. Canaccord Genuity reissued a “buy” rating and issued a $7.00 target price on shares of DLH Holdings Corp. in a research report on Friday, October 13th. TheStreet raised DLH Holdings Corp. from a “c” rating to a “b-” rating in a research report on Wednesday, November 1st. Finally, ValuEngine downgraded DLH Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.

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In related news, Director William H. Alderman sold 13,750 shares of the company’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $5.91, for a total value of $81,262.50. Following the transaction, the director now directly owns 110,303 shares of the company’s stock, valued at approximately $651,890.73. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Wynnefield Partners Small Cap sold 50,000 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $6.11, for a total value of $305,500.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 360,431 shares of company stock worth $2,172,285. 21.60% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC grew its position in DLH Holdings Corp. by 12.4% during the 1st quarter. Renaissance Technologies LLC now owns 120,140 shares of the business services provider’s stock worth $649,000 after purchasing an additional 13,250 shares during the period. Essex Investment Management Co. LLC grew its position in DLH Holdings Corp. by 149.2% during the 3rd quarter. Essex Investment Management Co. LLC now owns 71,887 shares of the business services provider’s stock worth $466,000 after purchasing an additional 43,043 shares during the period. Commonwealth Equity Services Inc acquired a new stake in DLH Holdings Corp. during the 3rd quarter worth about $2,342,000. Finally, Dimensional Fund Advisors LP acquired a new stake in DLH Holdings Corp. during the 3rd quarter worth about $121,000. 56.20% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DLH Holdings Corp. (NASDAQ DLHC) traded up $0.07 on Monday, hitting $5.89. The stock had a trading volume of 6,400 shares, compared to its average volume of 14,826. DLH Holdings Corp. has a 12-month low of $4.10 and a 12-month high of $7.38. The stock has a market cap of $67.51, a price-to-earnings ratio of 14.92 and a beta of 0.71.

DLH Holdings Corp. Company Profile

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.

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